Old enough to remember when Captain Secular Stagnation told us the Inflation Monster was dead and rates would be zero 4Everrrrrrr #keepingatit#JustWantsMyJob#rStarMyAss https://t.co/zGbDN3uTQH
Alan Blinder suggests the remaining task before Powell is a pittance compared to that of Volcker & a soft landing may be in the cards.
My June NBER paper shows past & present CPI inflation are more similar than the official data used here suggest. 1/n
https://t.co/dOi1UQ8bUB