Fed’s full employment mandate in the crosshair

congress

The head of an influential committee in the US Congress' lower house is set to introduce legislation calling for the Federal Reserve to be stripped of its mandate to promote full employment.

A spokesperson for Paul Ryan, a Republican congressman and the new head of the lower house's budget committee, told CentralBanking.com that Ryan said on Thursday at an event hosted by think-tank e21 that the Fed should focus solely on price stability. "Representative Ryan intends to introduce legislation sim

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: