4min chapter

Let's Appreciate cover image

The Fed’s Goal? Getting the Economy on a Sustainable Path

Let's Appreciate

CHAPTER

The Relationship Between Fiscal and Monetary Policy

Mary Daly: We've seen a lot of market fundamentalism. And I think the United Kingdom is a great example of that, where a mini budget was proposed from a fiscal policy side and markets were like, absolutely not. So we're living in the global economy where we have a domestic demand date to achieve one part full employment and price stability. The Fed actually is, we look at the economy we have and we build towards the economy we want. That's just how we do our work. There's so much to talk about. Well, I hope to see you again soon. Thank you.

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