3 ms·
I'm not going to argue that 3.5 unemployment is compatible with low inflation, but I don't think we've found the limit per se--inflation started rising in 2021
by hyperpape 4y ago
I'm not going to argue that 3.5 unemployment is compatible with low inflation, but I don't think we've found the limit per se--inflation started rising in 2021 well before unemployment was so low, and there have been huge supply shocks as well.