Trying to make sense of three basic facts about our macroeconomy: (1) Fed has tightened substantially over past 15 months. (2) There are essentially no visible effects in the labor market. (3) Price inflation has fallen. | tweet by Gabriel Chodorow-Reich

Mentions

Derek Thompson @DerekThompson · Feb 3, 2023

From Twitter

Good thread on a key (happy!) mystery of the US economy. Economies dealing with high inflation aren’t supposed to be able to reduce inflation with a booming jobs market. But … it’s … happening? So WTH is going on?

Tweet Feb 3, 2023

Trying to make sense of three basic facts about our macroeconomy: (1) Fed has tightened substantially over past 15 months. (2) There are essentially no visible effects in the labor market. (3) Price inflation has fallen.

by Gabriel Chodorow-Reich

Recommended by 1 person

1 mention