Why is a 2% Inflation Rate So Important to the Federal Reserve? - EP 57

The REconomy Podcast

Feb 10 2023 • 15 mins

In this episode of the REconomy Podcast™ from First American, Chief Economist Mark Fleming and Deputy Chief Economist Odeta Kushi discuss the origin of the Federal Reserve’s 2% inflation rate target and explain how the Fed influences the economy to achieve its dual mandate of maximum employment and price stability.