What Brad DeLong thinks about inflation
Economics professor at the University of California, Berkeley and a former Deputy Assistant Secretary of the US Treasury. Author of Slouching Towards Utopia and writer of the Grasping Reality newsletter.
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2 dated positions, 2026, in their own words. Our reading of what Brad DeLong has said — not written or endorsed by them.
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Their wordsThe FOMC has been reacting to its own forecast of inflation, not to the inflation of the past twelve months.
- 12 days earlier
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Their wordsThe Fed’s odds of threading the needle and getting inflation back down to target while avoiding a recession get much lower
↗An Inflation Report That Is Disappointingly High: CHART OF THE DAYbraddelong.substack.com