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Paul Krugman

@paulkrugman ↗

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Last Checked Oct. 11, 2022

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Sat Sep 10 14:04:17 +0000 2022

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Paul Krugman @paulkrugman

My relatively benign view on the US is informed a lot by surveys, like the NY Fed survey; anxiously awaiting Monday release, but last release showed inflation expectations falling — down to 2.3% for 5 years 2/ https://t.co/GQTuqwsG7G — PolitiTweet.org

Posted Sept. 10, 2022

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Paul Krugman @paulkrugman

Next week I'll be participating in a discussion of inflation policy in the US and Europe. Have a fairly clear picture for the US, I think: economy overheated, but inflation expectations anchored, so we need some cooling but not a Volcker-style era of pain. What about Europe? 1/ — PolitiTweet.org

Posted Sept. 10, 2022

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Paul Krugman @paulkrugman

The conventional wisdom has been that Europe is fundamentally in better shape — not overheated, so it was just transitory energy prices. But of course the energy price shock is now off the charts. And should we worry about expectations? 3/ — PolitiTweet.org

Posted Sept. 10, 2022