You asked about which piece "of the dual mandate", but the OP said "operates as" which I am going to reply to.
Does the Fed can any data from labor sources or unions? I am asking in honest because the few reports from them that I have looked into(mostly around unemployment) all seem to be polls solely sourced from investor class assets like companies.
If they are only sourcing from one biased source for their data, they wouldn't have to have a bad mandate or manipulate it, to operate like it was for the benefit of the data source, right?
lovich|1 month ago
Does the Fed can any data from labor sources or unions? I am asking in honest because the few reports from them that I have looked into(mostly around unemployment) all seem to be polls solely sourced from investor class assets like companies.
If they are only sourcing from one biased source for their data, they wouldn't have to have a bad mandate or manipulate it, to operate like it was for the benefit of the data source, right?
jgalt212|1 month ago
The dual mandate says nothing about asset prices. The only prices it mentions are those involved in CPI calcs.