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What’s Keeping Inflation Elevated?

Author

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  • Tom Barkin

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.

Suggested Citation

  • Tom Barkin, 2023. "What’s Keeping Inflation Elevated?," Speech 101243, Federal Reserve Bank of Richmond.
  • Handle: RePEc:fip:r00034:101243
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    File URL: https://www.richmondfed.org/press_room/speeches/thomas_i_barkin/2023/barkin_speech_20230303
    File Function: Speech
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    Keywords

    inflation; monetary policy;

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