- We have more work to do on inflation
- We have to bring inflation down
- I hope we can bring inflation down without causing a recession
- If we get help from the supply side I'm more optimistic in avoiding a recession
- I am very confident we will get through this moment but it might take a year or two
- This moment feels like stagflation but it's transition
- Economy sending mixed signals
- We are quite a ways away from a pause
Kashkari will be one of the first Fed speakers to pivot but it won't be today. The comments about being 'quite a ways' from a pause is especially notable. The baseline is for Feb or March. Is that 'quite a ways away'?