The dual mandate of the Federal Reserve is to keep stable prices and ensure maximum employment. The Fed has recently been very active with interest rates to counter inflation but also bring unemployment down. While the 2020 to 2023 period was marked by quick reactions to the changing economy, it seems that we have more stability since then. The Fed's actions will certainly be in the news this year as Kevin Warsh will replace Jerome Powell as the Federal Reserve Chairman in May.
Source: Board of Governors of the Federal Reserve, U.S. Bureau of Labor Statistics, The Business Week Graphic
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