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 ...

We got another labor market indicator on Wednesday ahead of Friday’s jobs report. According to ADP, the private sector added 152,000 jobs in May. That’s fewer than were added in April, so a bit of a ...

Download PDF More Formats on IMF eLibrary Order a Print Copy Create Citation This paper analyzes whether structural changes in the aftermath of the pandemic have steepened the Phillips curves in ...

What is the Phillips curve? What is the Phillips curve? The Phillips curve is a model that attempts to show the relationship between inflation and unemployment. Central bankers who are responsible for ...

Government has no resources. It can only spend what it’s taken from us first. Yet Keynesian economists (meaning the vast majority of economists) believe government spending boosts economic growth.

Will Trump’s FTC Rein In Lina Khan’s Abuses? U.N.’s Global Carbon Tax Should Be a Wake-Up Call to Fight International Climate Extremism Why the App Store Freedom Act Undercuts Innovation Higher ...

We believe that the effects of Covid on the economy and financial markets are diminishing, and we believe that the Phillips curve is supporting this. Will history repeat in the second half of this ...

Repeat after me, class: Growth does NOT cause inflation. Write it on the blackboard 100 times. For decades, the economics profession has been trying to tell us all just the opposite. They keep ...