CHART: The Federal Reserve Is Failing Its Obligation To Fight Unemployment
The Federal Reserve has a dual mandate to maintain low inflation and high employment — a job description that requires a balancing act, as these two goals can be in tension. The Fed has put its inflation target at 2 percent, while 5 percent is generally viewed as the normal unemployment rate when the economy …
CHART: The Federal Reserve Is Failing Its Obligation To Fight Unemployment Read More »
