Speech

What’s Keeping Inflation Elevated?


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.

Access Documents

Authors

Bibliographic Information

Provider: Federal Reserve Bank of Richmond

Part of Series: Speech

Publication Date: 2023-03-03