Council on Foreign Relations 2d ago

“The goal of the Fed is not to support the housing market. It's not to support a particular sector. Frankly, it's not to support—contrary to what people think—equity prices,” says CFR expert Roger Ferguson, regarding the mission of the Federal Reserve. “It is to get inflation where it should be.” Watch or listen to the latest episode of The Spillover wherever you get your podcasts or at the link in our bio. Subscribe to our channel: https://goo.gl/WCYsH7 This work represents the views and opinions solely of the author. The Council on Foreign Relations is an independent, nonpartisan membership organization, think tank, and publisher, and takes no institutional positions on matters of policy. Visit the CFR website: http://www.cfr.org Follow CFR on X: http://www.twitter.com/cfr_org Follow CFR on Facebook: https://www.facebook.com/councilonforeignrelations/