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John O'Trakoun offers an update on where inflation stands, how it is affecting the economy, and what steps the Federal Reserve is taking to bring it down. O'Trakoun is a senior policy economist at the Richmond Fed and primary author of the Bank's Macro Minute blog.

Full transcript and related links: https://www.richmondfed.org/podcasts/speaking_of_the_economy/speaking_2022_07_13_inflation