The Fed’s dual mandate needs a rethink
US central bank should orientate monetary policy towards maximising productivity
Related reading
The Fed is stuck between its dual mandate
A cautious rate cut this week would maintain the US central bank’s flexibility
The Fed’s delicate balancing act over liquidity
Optimism and greed complicate the central bank’s decisions during market disruptions
I can take or leave central bank independence, frankly
It makes no difference to growth and policymakers are always in hock to someone
The Fed is vacillating as the war continues
This is starting to look like a central bank appeasing its political masters
Criminalising the Fed
Plus the employment/growth puzzle
Stocks’ irrational rate-cut rally
And the prospects for a Hassett-led Fed