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Federal Reserve's Mandate - Policy Options Topic of White Paper From CRS
May 22, 2026
WASHINGTON, May 22 (TNSLrpt) -- The Congressional Research Service issued the following In Focus white paper (No. IF12940) by macroeconomic policy specialist Marc Labonte.

Here are excerpts:

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The Federal Reserve's Mandate: Policy Options

The Federal Reserve (Fed) is responsible for monetary policy, which it conducts mainly by setting short-term interest rates to affect economic activity. (For more information, see CRS In Focus IF11751 . . .

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