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Nick Timiraos

@NickTimiraos

Chief economics correspondent, The Wall Street Journal • Author, "Trillion Dollar Triage”

calendar_today23-07-2009 22:06:04

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Nick Timiraos
@NickTimiraos

3 months ago

Was it all 'just supply' that caused inflation?

Fed governor Chris Waller is not having it.

'If these are temporary supply shocks, when they unwind, the price level should go back to where it was. It's not. Go to Fred. Pull up CPI. Look at that thing.'

Was it all 'just supply' that caused inflation? Fed governor Chris Waller is not having it. 'If these are temporary supply shocks, when they unwind, the price level should go back to where it was. It's not. Go to Fred. Pull up CPI. Look at that thing.'
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