MacroVoices #362 Jeff Snider: Soft Landing or Crash Landing?
Macro Voices
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What's Next for Inflation?
Eric Liu: We went through this consumer price shock that lasted probably longer than most people were expecting, myself included. What really comes next? Is it just a transitory, disinflationary period? Are we going to see long-run trends rise well into the future? There's enormous questions and uncertainty, I think is certainly in the public mind, about what really comes next now that CPIs are starting to come down a little bit. But big picture general terms, I don't see anything that looks like the 1970s.
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