It isn't surprising that the central bank wants to get unemployment higher, to keep increases in wage low. This is explained in depth in introductory economic c

It isn't surprising that the central bank wants to get unemployment higher, to keep increases in wage low. This is explained in depth in introductory economic courses. What's surprising is that they believe their lever is precise enough to get the number of jobs openings lower without increasing the unemployment rate. He is outlining a best case scenario that would be difficult to achieve under normal situation, let alone that we are just coming out of negative demand shock straight into a negative supply shock, with inflation running above target already. The central bank let inflation ran a little too hot during the negative demand shock, and inflation expectation has gotten unanchored, and I am not sure if the goldilocks pathway even exist today.