Powell Says Fed 'Acutely Focused' on Inflation

The video discusses the importance of the stability mandate in fostering confidence in the dollar as a store of value. It highlights the focus on returning inflation to a 2% objective and the significance of maintaining financial stability. The commitment to both the dual mandate and financial stability encourages the international community to hold and use dollars.

What is the objective of returning inflation to 2%?

In what ways does financial stability encourage the international community?