• Inflation is extremely high,
  • Inflation needs to be addressed by monetary policy for sure
  • Will continue to see strong labor markets
  • On Ukraine, at the moment there are no obvious spillovers to the US economy
  • Will have to adjust monetary policy to deal with high prices
  • Inflation is quite a risk to economic growth
  • We need to will adjust monetary policy so it's moving toward neutral
  • inflation will come down this year and next
  • next year inflation will be down but still closer to 2.5% than the 2%
  • will take until 2024 to get inflation back down to 2%