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The Fed's Third Mandate: A Rate Revolution?

The Fed's Third Mandate: A Rate Revolution?

Update: 2025-09-16
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Is Trump's Fed pick about to rewrite the rules of the economy? A forgotten third mandate to control long-term interest rates has Wall Street on edge, sparking fears of political interference and risky moves to manage the national debt. Will this shake-up fuel inflation, destabilize markets, or offer a lifeline to borrowers?

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The Fed's Third Mandate: A Rate Revolution?

The Fed's Third Mandate: A Rate Revolution?