The Phillips curve plays a central role in the macroeconomics literature. However, there is little consensus on the forcing variable that drives inflation in the model, i.e., on the appropriate ...
Historically, a recession has followed soon after such ... less effective at predicting the economy's performance. The Phillips Curve model is based on the inverse correlation between wage and ...
When the yield curve flattens and eventually inverts, you worry. But it’s when a recession hits, the Fed cuts rates and the curve steepens that you become s**t scared. Yield curve dynamics represent a ...
Kelly Phillips Erb is a Philadelphia-area Forbes senior writer who covers tax and financial crimes. As a tax attorney, Phillips Erb brings a legal perspective to her tax coverage. This has ...
The word "recession" often strikes fear into the hearts of investors, business owners, and consumers alike, as it represents a period of significant economic hardship and uncertainty. While there ...
Many analysts now believe that with an expected Federal Reserve rate cut in September, and with the economy remaining strong, the U.S. may have dodged a recession. However, markets and economies ...