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This is “steepening of the yield curve,” presenting the Fed with a serious problem.

They want to keep rates low to help the economy recover. Everything the Fed has said for years, if not decades, makes it clear that maximizing employment is the higher priority of the Fed’s two goals under its dual mandate (full employment and stable prices).

This is “steepening of the yield curve,” presenting the Fed with a serious problem. They want to keep rates low to help the economy recover. Everything the Fed has said for years, if not decades, makes it clear that maximizing employment is the higher priority of the Fed’s two goals under its dual mandate (full employment and stable prices).

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[–] • 1 pt

I was referring to the dual mandate.

They can't control inflation or unemployment.

[–] • 1 pt

That's a direct quote from the article. It struck me as odd too