"連邦準備制度の危機への対応は、最大雇用および安定した物価を促進するという我々の使命に基づいています。"
— Jerome Powell
Simplified Meaning:
When there’s a big problem like an economic crisis, the Federal Reserve, which is like the bank for the banks, has certain goals to help fix things. They want to make sure as many people as possible have jobs and that prices for goods don’t go up or down too wildly. Imagine during a storm, the Federal Reserve is like the captain of a ship trying to keep everything steady and on course, so everyone onboard stays safe. They work by adjusting things like interest rates, which is kind of like changing the speed and direction of the ship. This way, even when things get rough, they aim to get the economy back to where people can find jobs easily and not worry about prices jumping too high. In your own life, this is like juggling your budget to make sure you can pay your rent and buy groceries each week, no matter what unexpected problems come up.
