War on Inflation 'Pretty Much Won' Says Economist Paul Krugman

Nobel Prize-winning economist Paul Krugman has consistently expressed optimism about cooling inflationary pressures. In September 2025, Krugman declared the war on inflation “pretty much won.” The Federal Funds Rate has been at an elevated level for several quarters, but recent data suggests the worst is behind us.

Economist and Nobel Laureate Paul Krugman has declared victory over inflation. “The war on inflation is over,” he said in a recent tweet. “We won, at very little cost.” This statement echoes his earlier sentiments and builds on a growing consensus that the aggressive measures taken to combat rising prices have been effective.

13 de sept. de 2025 The economist Paul Krugman says the war on inflation is pretty much over. And a new report found disinflation had been driven by higher supply, instead of lower demand, further supporting Krugman's perspective. This is a critical distinction, suggesting a more sustainable and less painful victory than initially anticipated.

14 de sept. de 2025 The battle against inflation has been largely victorious, without the need for a recession, according to well-known economist Paul Krugman. This comes despite initial fears that tackling inflation would inevitably lead to significant economic downturn.

His recent declaration that the “inflation bump is” behind us underscores his confidence in the current economic trajectory. While challenges remain, Krugman's assessment provides a hopeful outlook for consumers and businesses alike. The data suggests that the combination of fiscal and monetary policies has successfully curbed inflation without triggering a major recession, a scenario many experts deemed unlikely.