January jobs report beats expectations, indicating accelerating momentum in the labor market. The market's reaction to the strong jobs report shows a shift in sentiment towards a more positive ...
Will Canada Abandon Its EV Mandate? How to Alleviate the Middle-Class Crunch on Homeownership Trump Should Hope His Credit Card Interest Cap Never Becomes Policy Higher inflation does not mean lower ...
The Phillips curve suggests rising wages from low unemployment may increase inflation temporarily. High inflation may prompt Fed rate hikes, raising borrowing costs and wage demands. Despite ...
I am so glad you asked this great question! Indeed, many of us study economic theory in classrooms, and the Phillips curve is typically covered in a macroeconomics class. However, it is natural to ...
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 ...