AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Is Inflation Going to Slow?
I think inflation, it will slow very sharply here going forward. We're at 7.7% on the consumer price index; that's a long way from 2.2% to 1.5%. But assuming that the economy continues to moderate, job growth slows and wage growth starts to come in, I think inflation will be back close to the Fed's target by early 2024 or something like that.