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Dual mandate
noun
Situation where a person has been elected to two different bodies with different competencies, for example being a member of both a national legislature, and of a local authority.
Exact(60)
"The dual mandate is appropriate".
That's a tough dual mandate".
Today, I believe, all leaders have a dual mandate.
But that's not the Federal Reserve's true dual mandate.
The Fed's dual mandate enshrines the same equal weighting.
The dual mandate doesn't seem to be doing any harm.
But the growth has been punctuated by controversy over the Caisse's dual mandate.
By contrast, the US Federal Reserve has a dual mandate: price stability and full employment.
Roach's suggestion is to add another element to this dual mandate: financial stability.
The Fed has a dual mandate – to promote full employment and price stability.
JAMES SUROWIECKI: I actually think the Fed should have a dual mandate, as it does.
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