Paul Krugman

@paulkrugman ↗

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Last Checked April 26, 2022

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Tue Mar 15 12:07:55 +0000 2022

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Paul Krugman @paulkrugman

I keep seeing alarmed articles about rising medium-term inflation expectations. For some reason, very few mention what seems an obvious point: these numbers are being driven mainly by expected inflation over the next year. Here's the NY Fed survey: 1/ https://t.co/0i3uVv9am4 — PolitiTweet.org

Posted March 15, 2022

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Paul Krugman @paulkrugman

The Fed should not let itself be bullied into slamming on the brakes https://t.co/riEAiz9ZT3 — PolitiTweet.org

Posted March 15, 2022

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Paul Krugman @paulkrugman

Expected inflation over the next year is ~3 points higher than it was pre-pandemic, which makes sense given events. Expected inflation over 3 years is up ~1 point, or 3 points cumulative. That is, it's all about year one 2/ — PolitiTweet.org

Posted March 15, 2022