Paul Krugman

@paulkrugman ↗

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Last Checked April 1, 2023

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Sat Jan 28 13:53:53 +0000 2023

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Paul Krugman @paulkrugman

You could argue that the textbook model is all wrong, and inflation will be sticky for other reasons. But most of the data seem to show inflation falling fast, and attempts to deny the good news are getting increasingly contorted 8/ — PolitiTweet.org

Posted Jan. 28, 2023

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Paul Krugman @paulkrugman

Textbook macro says that inflation can become entrenched via expectations. But medium- and long-term inflation expectations never rose much, and are now back to roughly pre pandemic levels 7/ https://t.co/Qa1h9dcQEt — PolitiTweet.org

Posted Jan. 28, 2023

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Paul Krugman @paulkrugman

We are still waiting for Godot, I mean the Employment Cost Index, which might (or might not) give some new justification for pessimism. But as Joey Politano says, the available data suggest deceleration 9/ https://t.co/D7ct9294kf — PolitiTweet.org

We're gonna have to wait for jobs/wages data coming out next week to get a full picture but the best evidence we ha… https://t.co/YfT0kkHvTr

Posted Jan. 28, 2023