Paul Krugman

@paulkrugman ↗

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Last Checked June 18, 2022

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Sun Apr 17 12:31:58 +0000 2022

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Paul Krugman @paulkrugman

Here's what the market says. The top line is the 1-year interest rate minus the yield on index bonds coming due in a year — the implicit 1-year inflation forecast. The bottom line is the 5-year forecast 2/ https://t.co/3aCjDflVFR — PolitiTweet.org

Posted April 17, 2022

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Paul Krugman @paulkrugman

A brief thread on current inflation thinking — by the markets, consumers, and yours truly. I keep seeing people saying that we have inflationary psychology — but that's not really true, at least so far 1/ — PolitiTweet.org

Posted April 17, 2022

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Paul Krugman @paulkrugman

So markets are expecting roughly 5 percent inflation for the next year, but only 3.3 over 5 years — an implicit forecast that inflation will come down. That's also what consumers say 3/ https://t.co/YRyfET7c16 — PolitiTweet.org

Posted April 17, 2022