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Arabinda Basistha

Arabinda Basistha

The Conversation

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How keeping down borrowing costs for mortgages and other loans is built into the Fed’s ‘dual mandate’

How keeping down borrowing costs for mortgages and other loans is built into the Fed’s ‘dual mandate’

Recent news reports highlighted how the Fed technically has a third mandate – moderate long-term interest rates. An economist explains how the...

08.12.2025 3

The Conversation

Arabinda Basistha