The Fed has a three-pronged mandate. The first is price stability and that's probably the most important. Given how hard the Fed fought to get inflation down in the 1980s, Greenspan doesn't want to be the guy who let it back out of the box.
Quotes about three-pronged (2 Quotes)
Return to Shaoshan I regret the passing, the dying, of the vague dream my native orchards thirty-two years ago. Yet red banners roused the serfs, who seized three-pronged lances when the warlords raised whips in their black hands. We were brave and sacrifice was easy and we asked the sun, the moon, to alter the sky. Now I see a thousand waves of beans and rice and am happy. In the evening haze heroes are coming home. June 25, 1959