Paul Krugman

@paulkrugman ↗

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Last Checked May 24, 2022

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Fri Mar 25 15:09:41 +0000 2022

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Paul Krugman @paulkrugman

Most of the rise in 5-year expected inflation reflects a surge in expected inflation over the very near term, which investors don't expect to continue. A picture that needs some explaining 2/ https://t.co/pYoV61UpVM — PolitiTweet.org

Posted March 25, 2022

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Paul Krugman @paulkrugman

People keep telling me about rising medium-term breakevens as evidence that inflation expectations are getting unanchored. But I do not think this picture means what they think it means 1/ https://t.co/3qcu7kuydB — PolitiTweet.org

Posted March 25, 2022

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Paul Krugman @paulkrugman

At the left end, in spring 2021 1-year rates were ~0 and yields on index bonds coming due in a year were -2.5 => ~2.5 percent expected inflation over the next year 3/ — PolitiTweet.org

Posted March 25, 2022