5min chapter

Odd Lots cover image

Neel Kashkari on the Fed's Commitment to Defeating Inflation

Odd Lots

CHAPTER

Is the Labor Market a Driver of the Economy?

productivity has been trending down as well. So i'm wondering, is that something you're looking at as something that needs to go up in order for inflation to start coming down? It took right now, for m it's a curiosityia a little bit of its math. I think it'll be interesting to see what happens with g d p doesn't come closer to a gross domestic income. And then more broadly, at some point these firms are hoarding labor. They're just hiring a lot of people because they wanted to hire them over the last few years and when they become available, they hire them. Firms can't do that for very long. We need to get inflation back

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