Fed’s Kashkari: Receive supply-side inflation help.

  • Minneapolis Fed Pres. Kashkari speaking

  • We are getting help from the supply side for inflation
  • The Fed knows how to control inflation
  • How to reduce inflation without going into a recession
  • We still have work to do to bring inflation down
  • There is an urgent need to reduce inflation
  • I don’t know if we can avoid a recession
  • Economic fundamentals are solid
  • The labor supply potential is more or less fixed now. We need to reduce demand
  • 1/3 of inflation is due to internal factors, notably budgetary

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