What’s Keeping Inflation Elevated?

Tom Barkin

Speech from Federal Reserve Bank of Richmond

Abstract: The question of when inflation gets back to normal is an important one for policy. We would all like inflation to fall quickly back to target. I am confident it will in time, but doubtful the process will be quick. I think it will take time to return to target, and, as a consequence, believe we still have work to do.

Keywords: inflation; monetary policy (search for similar items in EconPapers)
Date: 2023-03-03
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