Federal Reserve

The Fed Is in an Epic Battle With Itself

One side wants to help the economy grow faster. The other wants to make the economy more stable.

Janet Yellen and the Fed will have to choose.

Photographer: Andrew Harrer/Bloomberg

Two Federal Reserve announcements less than a week apart, in contrast to the Federal Open Market Committee’s decision earlier this month, are likely to show that the agency's own goals are in conflict.

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