The Phillips curve describes an inverse relationship between unemployment and inflation. Why does former Federal Reserve Chair Ben Bernanke say that there is “not a simple inverse relationship between ...

What defense does former Federal Reserve Chair Janet Yellen provide for continuing to utilize the Phillips Curve framework to understand inflation? What rate does Yellen provide as the target rate for ...

Worse, Continuing Unemployment Claims (those previously filing for unemployment benefits and continuing to do so) rose to 1.956 million (week of May 31 st) from 1.902 million the prior week.

In his May 2025 quarterly announcement, Federal Reserve (Fed) chair Jerome Powell warned of the rising risk of stagflation, a dreaded combination of high inflation and unemployment. Mainstream ...

Phillips curve as Phillips created it was not about inflation at all. The curve shows the relationship between unemployment and rate of change of wages in the years 1861-1913 in the UK.

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 ...

All the data on inflation since Trump returned to office suggest that Jerome Powell is being too cautious in his approach to rate cuts.

The Fed aims to stay ahead of the curve on unemployment with 50-bp rate cut: reaction Sep. 18, 2024 4:30 PM ET CMA By: Liz Kiesche, SA News Editor 12 Comments ...

American stagflation was prominent in the late 1970s and early 1980s, when inflation and unemployment both rose above 5% following oil embargoes on the U.S. Is the U.S. headed toward stagflation?