Economics and markets
U.S. Federal Reserve: Striking a delicate balance
March 21, 2023
In this short video, Joe Davis, Vanguard’s global chief economist, discusses the trade-offs facing the Fed in its efforts to achieve price stability.
U.S. Federal Reserve: Striking a delicate balance


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Video length: 1 minute 38 seconds
Video transcript:
Joe Davis: The Federal Reserve, as well as other central banks, but the Federal Reserve is trying to walk that delicate line. They have a delicate balance to make. Ultimately, they have to help ensure that their interest rate is set so they ultimately achieve price stability for the U.S. economy, roughly 2% inflation over the medium run.
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