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Editorial

The House Wants a New Mandate for the Federal Reserve

Democrats want the Fed to ‘minimize and eliminate racial disparities.’ Yet it has long since proven itself unable to walk and chew gum at the same time — that is, to fulfill both of its two major mandates, stable prices and full employment.

Representative Maxine Waters on April 6, 2022 at Washington.

Representative Maxine Waters on April 6, 2022 at Washington. AP/Evan Vucci

THE NEW YORK SUNIMAGE

07:25:53 am

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THE NEW YORK SUN

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