Paul Krugman

@paulkrugman ↗

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Last Checked July 9, 2022

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Thu Jun 02 16:28:24 +0000 2022

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Paul Krugman @paulkrugman

Indeed. Sanctions are constraining Russian imports, to great effect; export curbs largely irrelevant — PolitiTweet.org

New at THE OVERSHOOT: On the Russian Oil Sanctions https://t.co/A4tJwwctTN <-- The new oil sanctions will add to… https://t.co/j3Gx3Z…

Posted June 2, 2022

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Paul Krugman @paulkrugman

Since mid-December, US 10-years ~1.45=>2.9. German 10-years ~-.35=>1.2. So around 150 basis points in both. ECB has been slower to raise policy rates, but markets apparently expect similar overall tightening in the end 2/ — PolitiTweet.org

Posted June 2, 2022

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Paul Krugman @paulkrugman

Worth noting that measures of underlying inflation have also been drifting downward 1/ — PolitiTweet.org

In some absolute sense labor markets are tighter today than they were six months ago but nominal wage growth as mea… https://t.co/zuQYYs2USj

Posted June 3, 2022