Policymakers face trade-offs in pursuing the Federal Reserve's dual mandate with many cross-currents in the economy, some of ...
Fed Vice Chair Philip Jefferson said Monday that the evolving balance of risks-of stubborn inflation and weaker employment conditions-underscores the need to lower interest rates slowly. Jefferson's ...
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Fed Vice Chair Philip Jefferson said Monday that the evolving balance of risks-of stubborn inflation and weaker employment conditions-underscores the need to lower interest-rate slowly. Jefferson's ...
This article was originally published by the Council on Foreign Relations on Aug. 1, 2025. One of the hardest jobs of a policymaker is to weigh trade-offs. Few policies are clean, absolute, and ...
Governments across both advanced and emerging market economies have increasingly rolled out new support for targeted companies and industries over the past decade and a half. Industrial policy, as ...