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The Fed's 'Third Mandate': A New Focus on Long-Term Interest Rate Control

1 min read
Source: Axios
The Fed's 'Third Mandate': A New Focus on Long-Term Interest Rate Control
Photo: Axios
TL;DR

The article discusses how recent comments by Fed officials, particularly Stephen Miran, suggest a potential shift in the Federal Reserve's focus towards actively managing long-term interest rates, beyond its traditional dual mandate of price stability and maximum employment, which could lead to more interventionist policies like quantitative easing or yield curve control.

Topics:businesseconomy#bond-markets#economy#federal-reserve#long-term-interest-rates#mandate#monetary-policy
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  1. Why everybody's talking about the Fed's "third mandate"  Axios
  2. Fed ‘Third Mandate’ Forces Bond Traders to Rethink Age-Old Rules  Bloomberg
  3. $1 Million Bitcoin Is Coming: Arthur Hayes Says Fed Just Pulled The Trigger  TradingView
  4. The Trump administration explores the Federal Reserve's 'hidden third mandate,' with long-term interest rate control becoming a new focal point.  富途牛牛
  5. Fed's Powell explains how central bank moderate rates mandate works  Reuters

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