The Great Inflation was a period in which the U.S ... correlation between the two in what’s defined as the Phillips curve. That was in line with the economic policy set out with the Employment ...

as they embark upon the fastest tightening cycle in modern history. Consensus for the size of the rate hike is 75bps, which would raise the policy rate to 4.00%. Much of this hiking has already priced ...

Inflation is front and center this week, with the consumer price index report released on Wednesday and the producer price index on Thursday.

“That more hawkish outcome ought to correspond to markets pricing more downside to growth/less upside to inflation further out, ultimately weighing on longer term yields and flattening the curve ...

the Phillips Curve posits an inflation-unemployment trade-off. Extensive research and modern economic history, however, has debunked the theory. It failed to explain the stagflation of the 1970s ...