airline fares
1 statements across 1 episodes · 0 bullish · 0 bearish · 1 people on the record · first statement Sep 18, 2023 by Larry Summers · across every show →
Everything said about airline fares, oldest first
Sep 18, 2023
Summers: Underlying US inflation peaked around 5%, not 8% or 9%
“Inflation was never on an underlying basis anything like eight or nine. It was like five artificially pushed up by used cars and airline fares and a bunch of stuff like that gasoline. And the thing about stuff that mean reverts is that it mean reverts. And so …”