Paul Krugman

@paulkrugman ↗

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Last Checked July 16, 2022

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Sat Jun 18 14:09:10 +0000 2022

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Paul Krugman @paulkrugman

A few more thoughts on the current inflation environment — partly to clarify things for myself. Right now we have ~7% inflation (last three months on PCE deflator, annualized); underlying inflation much lower 1/ — PolitiTweet.org

Posted June 18, 2022

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Paul Krugman @paulkrugman

So it wouldn't be surprising if a few months from now careful analysis will say that underlying inflation is still too high, but consumers are seeing dropping prices for salient goods. If so, what are the political implications? 6/ — PolitiTweet.org

Posted June 17, 2022

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Paul Krugman @paulkrugman

A quick and dirty chart comparing headline with three measures of underlying. Wages is rate of wage growth minus 1 percent for productivity; others are traditional core and trimmed mean 2/ https://t.co/RnEZ7Y1uCb — PolitiTweet.org

Posted June 18, 2022