Most Americans are unaware of the Federal Reserve's tasks to stabilize prices and maximize employment, according to an Axios-Ipsos poll. Go deeper ➡️
Most Americans are unaware of both goals of the Federal Reserve's dual mandate: stable prices and maximum employment, according to anIt's not surprising that public understanding of the
Fed is so low. Most people aren't economists and have lives. But these are the Fed's biggest and most difficult jobs — and the poll shows how little Americans understand or appreciate them.
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The Fed's favorite inflation gauge rose 5.2% in MarchA key measure of annual inflation that is closely watched by the Federal Reserve is running at the hottest pace in nearly four decades.
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U.S. inflation rate surges to 6.6% based on PCE index --- but there's a silver liningThe Federal Reserve's preferred measure of inflation rose a sharp 0.9% in March, but the increase largely stemmed from a surge in the cost of gas and there...
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Inflation gauge surged 6.6% in March, most since 1982An inflation gauge closely tracked by the Federal Reserve surged 6.6% in March compared with a year ago, the highest 12-month jump in four decades and further evidence that spiking prices are pressuring household budgets and the health of the economy.
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