Fed's Kashkari: We have every high inflation but it's not being driven by wages

• Once we get inflation down, we can get back to the pre-pandemic economy with low inflation, low unemployment and decent wage growth
• The vast majority of banks have taken interest-rate risk seriously
• I'm prepared this could take longer than we expect

Everyone wants to get back to the 'old' economy the Fed spent so much time and energy trying to get out of.