Price stability is more than enough for the Fed — no new mandates ...Middle East

It’s no secret that the Fed is having a hard time controlling inflation. While it is failing at its primary duty, the Democrats are busy crafting executive orders, passing bills and proposing new legislation that will expand the list of goals the Fed must prioritize.  As it stumbles to meet its current mandates to maintain price stability, maximum employment and financial stability, Congress and the administration are asking it to also control greenhouse gas emissions, promote equal employment, income, wealth and affordable credit outcomes across racial and ethnic groups, and proposing that the Fed be required to issue a new central bank digital currency. This insanity must stop. The F

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