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 ...

Feeling the Squeeze? It Might Be the High Price of Ignoring the Deficit Higher inflation does not mean lower unemployment. Many assertions about monetary policy are based on the Phillips Curve, ...

The Fed cut the Fed Funds rate by 50 basis points on September 18. The Fed’s twin mandate, keeping inflation under control and aiming for low unemployment is really in the service of the American ...

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 ...