Maria Vassalou on the Small-Cap Effect
Masters in Business
00:00
Is the Fed Going to Be More Attuned to Their Dual Mandate?
The Fed is single-handedly focused on the inflation side of its mandate. Once inflation starts coming down and to the extended unemployment starts rising they will start balancing out the two sides of their mandate. If labor markets react more positively and we don't see a massive increase in unemployment they are more likely to persist with their inflation fighting mandate.
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