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Paul Krugman

@paulkrugman ↗

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Last Checked June 29, 2022

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Sun May 15 13:54:08 +0000 2022

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Paul Krugman @paulkrugman

And the bond market seems to expect elevated inflation for the next year or so but more or less normal inflation after that 5/ https://t.co/fXeDJuMcbs — PolitiTweet.org

Posted May 15, 2022

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Paul Krugman @paulkrugman

So have near-term wage expectations, an indicator of underlying inflation running about a point below recent wage hikes 4/ https://t.co/eKZRcSuYsA — PolitiTweet.org

Posted May 15, 2022

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Paul Krugman @paulkrugman

What story makes sense here? I’d say that we have a moderately overheated economy that the Fed should be and already is acting to cool off: interest rates relevant to real spending are way up. Plus stuff that is, yes, transitory 6/ https://t.co/Z6RFJc5J8J — PolitiTweet.org

Posted May 15, 2022