Federal Reserve's Barkin, Williams, Bullard on Inflation, Policy

The video discusses the importance of focusing on controlling inflation rather than following a predetermined rate path. It emphasizes the need for further tightening of monetary policy to balance demand and supply, aiming to bring inflation back to 2%. The speaker expresses confidence in achieving price stability, although it may take longer than markets expect. The future path of inflation control is expected to be slower, longer, and potentially higher, with measures likely extending through 2023 and into 2024.

What is the primary focus when addressing inflation according to the text?

How does the speaker view the timeline for inflation to return to 2%?

What does the speaker imply about the pace of inflation reduction?

What is the speaker's outlook on the monetary policy path moving forward?

What does the speaker believe is necessary to keep inflation under control?