Paul Krugman

@paulkrugman ↗

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Last Checked April 3, 2023

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Sun Feb 12 14:41:58 +0000 2023

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Paul Krugman @paulkrugman

So we'll get headlines about inflation rising, especially given the BLS change in seasonal adjustment. But whether it's actually good or bad news will depend on the details — and may be very hard to discern 3/ — PolitiTweet.org

Posted Feb. 12, 2023

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Paul Krugman @paulkrugman

The key point: Some of the temporary factors that were holding inflation down, especially falling used car prices, are probably over. On the other side, official shelter prices are still rising fast, even though market rents are probably falling, because of known lags 2/ — PolitiTweet.org

Posted Feb. 12, 2023

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Paul Krugman @paulkrugman

My baseline view is that the economy is still probably running unsustainably hot, and that inflation is down substantially but probably running above target. Unlikely that we'll get enough news Tuesday to move that view very much 4/ — PolitiTweet.org

Posted Feb. 12, 2023