The best Fed watcher in mainstream media is Jared Blikre. Below he discusses how many mandates the Federal Reserve actually has.
This will become important down the road, since I expect price inflation to accelerate. Will the Fed ignore the not discussed mandate to keep interest rates "moderate long-term" in order to fight the accelerating price inflation? Not a chance. That's why you should expect a prolonged period of climbing price inflation.
Fed has a singular mandate: keep the Cantillon effect scam going.
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