Source: https://mochatrade.com/learn/glossary/dual-mandate

# Dual mandate
URL: https://mochatrade.com/learn/glossary/dual-mandate
Last modified: 2026-10-17

The dual mandate is the Fed's job as Congress wrote it: stable prices and maximum employment. The 2% inflation target is [the Fed's own reading of that line](https://mochatrade.com/learn/us-market-structure/who-moves-us-stocks), so [an inflation print](https://mochatrade.com/learn/us-market-structure/us-inflation-explained) and [a jobs report](https://mochatrade.com/learn/us-market-structure/us-jobs-report-explained) are the two halves of every rate decision.

## Related terms

- Average hourly earnings: https://mochatrade.com/learn/glossary/average-hourly-earnings
- FRED: https://mochatrade.com/learn/glossary/fred
- Government shutdown: https://mochatrade.com/learn/glossary/government-shutdown
- JOLTS: https://mochatrade.com/learn/glossary/jolts
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