New Zealand First leader Winston Peters has signalled he wants to restore the Reserve Bank's dual mandate, with an economist arguing the move would make little practical difference.

The Federal Open Market Committee's 2012 Statement on Longer-Run Goals and Monetary Policy Strategy interprets the Federal Reserve's dual mandate in light of the natural rate hypothesis and the New K....

President Donald Trump said he will soon have a "majority" of preferred members on the Federal Reserve board who will back his desire to slash interest rates.

Investing.com -- President Donald Trump’s nominee for the Federal Reserve Board, Stephen Miran, has committed to upholding the central bank’s dual mandate and maintaining its independence. In testimony published Wednesday on the Senate Banking Committee’s website, Miran stated he would "dutifully" execute the Fed’s responsibilities of ensuring price stability and full employment for the American economy. "My opinions and decisions will be based on my analysis of the macroeconomy and what’s best for its long-term stewardship," Miran wrote in his prepared remarks ahead of his Senate confirmation hearing scheduled for Thursday. Miran, who currently serves as a White House economic adviser, emphasized the importance of the Federal Open Market Committee’s autonomy, describing it as "an independent group with a monumental task." He added that he intends to "preserve that independence and serve the American people to the best of my ability." 3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads. Which stocks should you consider in your very next trade? The best opportunities often hide in plain sight—buried among thousands of stocks you'd never have time to research individually. That's why smart investors use our Stock Screener with 50+ predefined screens and 160+ customizable filters to surface hidden gems instantly. For example, the Piotroski's Picks method averages 23% annual returns by focusing on financial strength, and you can get it as a standalone screen. Momentum Masters catches stocks gaining serious traction, while Blue-Chip Bargains finds undervalued giants. With screens for dividends, growth, value, and more, you'll discover opportunities others miss. Our current favorite screen is Under $10/share, which is great for discovering stocks trading under $10 with recent price momentum showing some very impressive returns!

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