The recent shift in monetary policy and the Trump administration's economic agenda have raised concerns about inflationary ...

“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 ...

The Phillips curve posits that rising wages should lead to higher prices for products and services in an economy, ultimately pushing the overall inflation rate higher. Monetarists argue against ...

The Bureau of Statistics will on Wednesday release CPI data for the December 2024 quarter, revealing whether inflation has ...

The latter requires considering aggregate supply and Phillips Curve trade-offs. The note does not cover other macroeconomic policies, such as macroprudential or fiscal measures, which could also have ...

The analysis is based on three empirical approaches. Inflation drivers and its dynamics are investigated through the estimation of a Phillips curve augmented with foreign factors and a panel vector ...