Justin Wolfers
@justinwolfers.bsky.social
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Econ professor at Michigan ● Senior fellow, Brookings and PIIE ● Intro econ textbook author ● Think Like An Economist podcast ● An economist willing to admit that the glass really is half full.
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Joined Bluesky
May 2023
Tags
EconomistEconomic policyInflationLabor statisticsMacroeconomics
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Justin Wolfers·Aug 12
Latest inflation data just arrived came in right at the consensus forecast. Headline inflation of 0.2% in the month, running at 2.7% over the year. Core rose 0.3% in July, and 3.1% over the year. For two years inflation was declining toward the Fed's target. That seems to be over.