Ernie Tedeschi(@ernietedeschi) 's Twitter Profileg
Ernie Tedeschi

@ernietedeschi

Personal account. Director of Economics at @The_Budget_Lab. Former Chief Economist at @WhiteHouseCEA; Evercore ISI; @USTreasury; @UpshotNYT.

ID:30761484

calendar_today13-04-2009 00:36:54

9,5K Tweets

29,3K Followers

2,1K Following

Ernie Tedeschi(@ernietedeschi) 's Twitter Profile Photo

The 'excess' core CPI inflation right now is much less broad than what we saw in 2022.

In 2022, inflationary pressures hit many categories.

In contrast, right now, only two are stronger than we'd expect under 2% PCE pre-pandemic: housing--the lion's share--and auto insurance.

The 'excess' core CPI inflation right now is much less broad than what we saw in 2022. In 2022, inflationary pressures hit many categories. In contrast, right now, only two are stronger than we'd expect under 2% PCE pre-pandemic: housing--the lion's share--and auto insurance.
account_circle
Ernie Tedeschi(@ernietedeschi) 's Twitter Profile Photo

The 'excess' core CPI inflation right now is much less broad than what we saw in 2022.

In 2022, inflationary pressures hit many categories.

In contrast, right now, only two are stronger than we'd expect under 2% PCE pre-pandemic: housing--the lion's share--and auto insurance.

The 'excess' core CPI inflation right now is much less broad than what we saw in 2022. In 2022, inflationary pressures hit many categories. In contrast, right now, only two are stronger than we'd expect under 2% PCE pre-pandemic: housing--the lion's share--and auto insurance.
account_circle