"So many definitions of underlying inflation that you can almost always find a number that confirms your priors. But this report still looks like 'immaculate' disinflation — inflation falling without any rise in unemployment,"
"So many definitions of underlying inflation that you can almost always find a number that confirms your priors. But this report still looks like 'immaculate' disinflation — inflation falling without any rise in unemployment,"
Well if Krugman says so, it must be true 😆
