What the Dual Mandate Looks Like
Sometimes simple, direct points are the most powerful. For me, the simplest and most direct points in Chairman Bernanke’s Senate testimony this week were contained in the following one minute and 48 seconds of video (courtesy of Bloomberg): At about the 1:26 mark, the Chairman says: So, our accommodative monetary policy has not really traded [...] View the full post at: What the Dual Mandate Looks Like Related posts: Fed Sees Inflation As Its Top Priority Fed Maintains Target Range Unchanged The Fed As Super Duper Regulator? Will We be Duped Again?
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