Frenchhill1

French Hill for Congress: Congress should reassess the Fed’s dual mandate and focus exclusively on inflation

Arkansas

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In an op-ed in The Hill, Rep. French Hill (AR-02) and Rep. Byron Donalds (FL-19) outlined their concerns with inflation and encouraged Congress to reassess the Federal Reserve’s dual mandate and consider a single mandate focused on the issue of price stability to contain inflation.

Rep. Hill and Rep. Donalds point to their legislation, H.R. 7209, the Price Stability Act, which would end the Fed’s dual mandate and ensure the central bank concentrate exclusively on containing inflation.

For more information on the bill, click HERE.

Original source can be found here.

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