The NY Fed measure of underlying inflation has the advantage of being an algorithm, with no judgement calls and hence no motivated reasoning. Still looks pretty transitory pic.twitter.com/DwYlNPfW67— Paul Krugman (@paulkrugman) April 2, 2024
The NY Fed measure of underlying inflation has the advantage of being an algorithm, with no judgement calls and hence no motivated reasoning. Still looks pretty transitory pic.twitter.com/DwYlNPfW67