The Challenges of Achieving Economic Goals in the US

The Federal Reserve's dual mandate of stabilizing prices and maximizing employment may seem impossible as these goals may contradict each other. Some economists suggest that the central bank should consider a single target of price stability, while others argue that the dual mandate remains key to keeping the US economy safe and stable. The Fed has to strike a delicate balance to ensure low, steady prices while setting a course for an economy that encourages everyone to get a job who wants one.