Chairman argues price stability and full employment are complementary, not competing priorities.

There have been policymakers over the last several generations who have thought that there is a strict trade-off there. That isn't my judgment. In fact, my judgment is if and when we deliver on our remit, we're gonna be satisfying both prongs. We're gonna have price stability and full employment. And in fact, if you wanna do the most harm to the labor markets, you would run a period of high inflation that's variable such that employers, businesses wouldn't really know what's going on. So I think the two parts of our mandate are equally important. We have no legislative orphans here. I've been talking mostly about price stability because we're doing pretty well collectively as a country, as policymakers on the full employment side.