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Paul Krugman

@paulkrugman ↗

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Last Checked Feb. 25, 2022

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Fri Jan 28 13:49:51 +0000 2022

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Paul Krugman @paulkrugman

Couple this with expectations data: expected inflation up a lot for next year but not so much over next 5 years, suggesting consumers expect shock to be temporary 2/ https://t.co/JGj8kRXLhI https://t.co/PvRlPZ0vTp — PolitiTweet.org

Posted Jan. 28, 2022

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Paul Krugman @paulkrugman

OK, one report I was waiting for: the Employment Cost Index. Wage and salary growth still running high, but not *that* high and pace seems to be slowing 1/ https://t.co/1a4025hPpu — PolitiTweet.org

Posted Jan. 28, 2022

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Paul Krugman @paulkrugman

So far, then, no signs of a 70s-type wage-price spiral. Or to put it another way, no sign inflation is getting entrenched 3/ — PolitiTweet.org

Posted Jan. 28, 2022