The surprise for 2018 will be how little inflation will rise. Markets are building a house of cards on plans for inflation to return as they bet on a return of the Phillips curve. The anticipated ...

Log-in to bookmark & organize content - it's free! Rep. Erik Paulsen (R-MN) and former Federal Reserve Chair Janet Yellen discuss the Phillips Curve and the relationship between inflation and the ...

Several academics and practitioners have pointed out that inflation follows a seemingly exogenous statistical process, unrelated to the output gap, leading some to argue that the Phillips curve has ...

Simulations using a Phillips curve-type relationship provide insights into the importance of demand versus supply for inflation over different periods. The decade of low inflation after the Great ...

Log-in to bookmark & organize content - it's free! Federal Reserve Chair Jerome Powell and former Chair Ben Bernanke discussed monetary policy, inflation, and the economy. Here they address the ...

The inflation surge over the past three years followed a unique disruption to the global economy. Pandemic lockdowns initially tilted demand away from services and toward goods. But this came at a ...