How the Fed Will Shift Its Focus in 2024
Podcast: WSJ What’s NewsPublished On: Thu Dec 14 2023
Description: P.M. Edition for Dec. 14. The Federal Reserve’s dual mandate is to tame inflation and maximize employment. But for the past two years the major focus has been on inflation. Chief economics commentator Greg Ip explains how the Fed will seek to strike a balance in 2024. And U.S. consumer spending was strong in November. Plus, reporter Alexander Gladstone explains why billions of dollars in settlement money haven't been paid to victims of the opioid crisis. Annmarie Fertoli hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices
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