Paul Krugman @paulkrugman
Not just about predictive accuracy. Inflation only gets entrenched if wage- and price-setters believe it will be sustained. Surveys say ordinary people don't — they expect one hot year then return to normal. Suggests that we won't need a recession to cool things down. — PolitiTweet.org
Justin Wolfers @JustinWolfers
Interesting to see that the 3-year ahead inflation expectations of consumers have actually fallen over recent month… https://t.co/9wF3cOCWCI
