Bostic: Fed Working Hard to Ease 'Too-High' Inflation

The video discusses the Federal Reserve's dual mandate from Congress: to ensure stable prices and foster maximum sustainable employment. It highlights recent efforts to reduce inflation and achieve a 2% target. The importance of sustainable employment is emphasized, noting the disruptions caused by unstable job situations. The Worker Voices Project is introduced as a means to understand employment dynamics better. The video also addresses the ongoing shifts in the labor market due to the pandemic, such as increased remote work and automation, and the uncertainties surrounding these changes.

What challenges regarding labor market dynamics are highlighted in the text?

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What uncertainties about the future of work are discussed in the text?

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