Steve Grasso: Federal Reserve Act outlines three mandates, not just dual mandate

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29.05.2026

Steve Grasso: Federal Reserve Act outlines three mandates, not just dual mandate — Federal Reserve Act spells out three goals

Steve Grasso, director of institutional sales at Grasso Global, examines the Federal Reserve's statutory responsibilities. Grasso notes that while the Federal Reserve is often described as having a "dual mandate," Section 2A of the Federal Reserve Act actually details three goals: maximum employment, stable prices, and moderate long-term interest rates.

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Grasso has previously commented on the crypto market, noting that stablecoins on Ethereum now total $322 billion, exceeding Ethereum’s $256 billion market cap. He has also indicated renewed personal interest and observed external support for SOUN stock. These recent statements reflect his continued focus on institutional trends and asset growth.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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