🔍The Federal Reserve is focused on promoting maximum employment and stable prices.
📉Inflation has eased, but the Fed is committed to returning it to its 2% objective.
💼Economic activity has expanded, but the housing sector and business fixed investment have been subdued.
🏢The labor market remains tight, and job gains have been strong.
📈The Fed's efforts aim to achieve sustained economic growth and benefit all Americans.
What is the Federal Reserve's dual mandate?
—The Federal Reserve's dual mandate is to promote maximum employment and stable prices.
What is the Fed's objective for inflation?
—The Fed aims to achieve an inflation rate of 2%.
How has the housing sector performed?
—The housing sector has been subdued due to high mortgage rates.
What is the current state of the labor market?
—The labor market remains tight, and job gains have been strong.
What are the Fed's efforts aimed at?
—The Fed's efforts aim to achieve sustained economic growth and benefit all Americans.
00:28The Federal Reserve remains focused on its dual mandate of promoting maximum employment and stable prices.
00:48Economic activity has expanded, but the housing sector and business fixed investment have been subdued.
01:08The labor market remains tight, and job gains have been strong.
01:40Inflation has eased, but the Fed is committed to returning it to its 2% objective.
02:23The Fed's efforts aim to achieve sustained economic growth and benefit all Americans.
