Paul Krugman

@paulkrugman ↗

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Last Checked April 16, 2021

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Sat Mar 20 13:50:00 +0000 2021

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Paul Krugman @paulkrugman

While core is usually defined by excluding volatile food and energy prices, the underlying logic is that you're trying to measure inflation inertia, which comes from embedded expectations of future inflation 4/ https://t.co/1iMXZWocjv — PolitiTweet.org

Posted March 20, 2021

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Paul Krugman @paulkrugman

The Fed, however, stood its ground, because there was no surge in core inflation, which it (correctly) considered a much better guide to policy 3/ https://t.co/3IFNjmsVHw — PolitiTweet.org

Posted March 20, 2021

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Paul Krugman @paulkrugman

This time around it seems quite likely that we'll see a temporary spike in headline inflation — not just from food and energy but from various supply bottlenecks. A container shortage is driving up shipping costs 5/ https://t.co/EMRjMongSq — PolitiTweet.org

Posted March 20, 2021