August 16, 2021· 47 min

Neel Kashkari on the Fed’s Quest To Get To Full Employment

Orality
Model
80%
Oral-dominant (speeches, podcasts, storytelling)

Speaker Breakdown

HostTracy Alloway(1,508 words)
M:93%
GuestNeel Kashkari(4,056 words)
M:28%

Oral Indicators

Agonistic26%
very, basically, certainly
Engagement74%
you, our, your
Memory Aids100%
listen, so, like
Repetition100%
know (95x), inflation (77x), think (72x)
Parallelism100%
So have you heard the story ab..., And I'm Tracy Alloway...., So, Tracy, this is a, this is ...
Sound Patterns63%
56 question(s), alliteration: "markets move", alliteration: "barclays brief"
Formulaic Phrases7%
you know what, i mean, so to speak

Literate Indicators

Hedging9%
quite, probably, maybe
Passive Voice6%
was unveiled, be confronted, be sustained
Abstract Nouns19%
investment, prescription, medication
Subordination10%
since, though, however
Sentence Length53%
Avg: 18.3 words/sentence
Word Complexity48%
investment, analyze, anticipate
Academic Markers0%
Impersonal Style26%
658 personal pronouns found
Descriptive Style93%
automatically, family, really

Description

The last two jobs reports have been strong, but the unemployment rate remains over 5%. And by some estimates, the economy is still 8 million jobs shy of where it would have been had it not been for the crisis. So when will the Fed declare "victory" in hitting its employment mandate? It's a question that's been complicated by the recent rise in inflation. On this episode, we speak with Neel Kashkari, the President of the Minneapolis Fed, a longtime proponent of pushing for a strong labor market. He explains what he's looking for, and how the labor market situation meshes with both the inflation situation and the Fed's new framework unveiled last year at Jackson Hole. See omnystudio.com/listener for privacy information.