A Federal Reserve Governor urged policymakers to complicate the relationship between inflation and unemployment in the 2025 Whittington Lecture at the Georgetown University McCourt School of Public ...
Remember 2022? The economy was recovering from the COVID-19 pandemic, companies were posting new jobs left and right and job seekers could take their pick. It felt like a good time to be a worker. It ...
Fifteen months of new data covering the period since May 2023 continue to track closely along the path of a fitted nonlinear Phillips curve that shows the empirical relationship between inflation and ...
Gauti Eggertsson is an Icelandic-born economist at Brown University who has a knack for describing interesting economic phenomena. He identified and named the “paradox of toil,” which says that there ...
I must have written at least four essays on the trade-off between unemployment and inflation during my undergraduate days. Back then, the focus was invariably on the Phillips curve — the postulated ...
If the unemployment rate goes up and people cut back on shopping, and wages in general stagnate as more people are looking for jobs, could that offset any tariff-driven driven inflation or inflation ...
Cryptocurrency analyst Benjamin Cowen discussed the latest Consumer Price Index report and its potential impact on Bitcoin (CRYPTO: BTC) and the broader market, emphasizing the delicate balance ...
WASHINGTON (TNND) — Federal Reserve Chairman Jerome Powell hinted recently of possible interest rate cuts sometime next month, even as he warned of an increasingly precarious situation developing ...
Consumer sentiment slipped 5% in August, marking the first decline in four months. Inflation worries drove a sharp drop in buying conditions for durable goods, falling 14% to a one-year low. Inflation ...
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