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Mike Konczal referenced the experience of posting economic data charts during the U.S. inflation wave from 2021 to 2023.
Konczal used this as an example of how economic data drops were discussed throughout the inflation period.
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Earlier this year, Konczal examined the low share of items in the inflation basket with over 3% growth over the past year in a detailed analysis. He also argued that the New Keynesian macroeconomic framework was a better fit for the unique inflation shocks seen from 2021 to 2023 than during the Great Recession, according to his previous commentary. Both topics were focal points during ongoing discussions of inflation data releases.