So if price stability were the Fed’s only goal, the federal funds rate should now be close to 4%. The Fed’s rationale for continuing its ultra-easy monetary policy is that its “dual mandate” requires it to be concerned with employment as well.
如果物价稳定是美联储的唯一目标，则联邦基金利率目前应该接近4%。美联储对继续极度宽松货币政策的理由是其“双重目标”要求它同时关注就业情况。美联储月度报告强调，仍存在“劳动力资源显著利用不足”的情况，不仅失业率高达6.1%的失业率，更有数百万兼职员工正在寻找全职工作，以及很多人因为没在积极寻找工作而未被计入失业口径。