text:  We have two mandated goals, price stability, full employment. For the longest time, inflation's been the focus of our hiking campaign. Now, as we monitor the economy, we have to look at both sides of our mandate. By the rules of the Phillips curve, we've got higher unemployment rates ahead of us. But... Over time, the relationship has kind of deteriorated. UC Irvine economics professor Brian Jenkins says that fate isn't set in stone.