First, it has two parameters — the long - term inflation objective and the level of potential output — that map directly to the Federal Reserve's
dual mandate objectives.
This includes quarterly press conferences by the Fed chair following FOMC meetings; publishing growth, inflation and short - term interest rate forecasts of FOMC participants on a quarterly basis; and a concerted effort to lay out the guideposts that the FOMC will look at in assessing progress towards
our dual mandate objectives.
«We will factor (any changes in economic policy) into the outlook and take account of their impact on what we need to do to achieve
our dual mandate objectives,» she said.
Not exact matches
3 While there are actually three discrete
objectives in the
dual mandate, most economists would say that moderate long - term interest rates are a tool to produce maximum employment and price stability.
Keep in mind that the ECB's main
objective is price stability, ie to control inflation, as opposed to the Federal Reserve's
dual mandate to strive for full employment as well.
Contrary to popular belief, the fund was never intended to serve purely as a stash for a «rainy day»; it always had multiple social and political
objectives — not unlike a central bank with an awkward
dual mandate — and its investments included discounted loans to other provincial governments in the inflationary late»70s.
The Federal Reserve is responsible for formulating and implementing U.S. monetary policyto meet its congressional
mandated objectives (a.k.a the
dual mandate):
These
objectives are sometimes referred to as the Federal Reserve's
dual mandate.