Clip

Unemployment and Inflation: A Central Banker's Perspective
listen on Spotify
1:00:00 - 1:02:37 (02:37)

The concept of "full employment" is a key factor in a central banker's decision-making process, as pushing unemployment levels too low can lead to inflationary pressures. However, some theorists argue that there should be no acceptable unemployment level, and that more aggressive stimulus efforts should be taken to boost employment.

Similar Clips