“The Fed’s dual mandate seems to be coming in conflict.”

Federal Reserve Policy & Dual Mandate - The Federal Reserve's dual mandate of inflation and jobs is creating a dilemma, as these goals appear to be in conflict [1] - The Fed needs to determine which aspect of its dual mandate to prioritize: weaker jobs data potentially leading to rate cuts, or persistent inflation [1][2] Interest Rate Path & Economic Factors - The market is closely watching for signals from the Federal Reserve regarding the future interest rate path [1] - Factors influencing the Fed's decision include weaker jobs reports, inflation trends (especially services inflation), and potential tariff relief [2] - It remains uncertain whether Fed Chair Powell's speech at Jackson Hole will indicate a path towards rate cuts or a continuation of the "wait and see" approach [3] Committee Decision-Making - Interest rate decisions are made by the full Federal Reserve committee, not solely by the chair [3]