How US Monetary Policy Works

Brush up on how U.S. monetary policy works as the September meeting of the Federal Open Market Committee approaches. Host Kristen Hallam explores the intricacies of U.S. monetary policy with senior economist Lawrence Nelson. They discuss the Federal Reserve's dual mandate of price stability and maximum employment, examining how policymakers adapt their strategies in response to evolving economic conditions. Key topics include the Fed's 2% inflation target, the significance of labor market indicators, and the importance of anecdotal evidence from businesses. Tune in for valuable insights into how the Fed navigates challenges and shapes economic policy. More S&P Global Content: Global economic outlook: August 2024 US manufacturing PMI sends warning signals on economic conditions US back-to-school sales to exceed $1 trillion in 2024   Credits: Host: Kristen Hallam Guests: Lawrence Nelson Produced and Edited By: Kristen Hallam Published With Assistance From: Sophie Carr