Opinion: There’s still a real threat that inflation makes a comeback
The recent shift in monetary policy and the Trump administration's economic agenda have raised concerns about inflationary ...
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No soft landing, the US will fall into a recession in late 2024 or early 2025
“The US will fall into a recession in late 2024 or early 2025,” they wrote, citing data from their kinked Phillips curve framework. According to BCA, the framework suggests a nonlinear ...
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There’s still a real threat that inflation makes a comeback
Instead, mainstream approaches to understanding inflation dynamics are based on some modern variant of the Phillips curve. The Phillips curve-based view of the inflationary process incorporates ...