&quot;Fed’s goal: get the U.S. inflation rate to 2%&quot;:
This is partially true, since the Fed&#x27;s goal is also to maximize employment[1]. So really, they should add employment rates in these different categories as well. Which makes the job even harder.<p>In fact, balancing the two was thought to be a very hard job in theory, almost impossible. And that&#x27;s why the EU central bank mission _is_ to only stabilize inflation and let each country focus on employment. (it&#x27;s less and less true because of pressure from EU countries such as France and Italy).<p>[1] <a href="http:&#x2F;&#x2F;www.federalreserve.gov&#x2F;aboutthefed&#x2F;mission.htm" rel="nofollow">http:&#x2F;&#x2F;www.federalreserve.gov&#x2F;aboutthefed&#x2F;mission.htm</a>