The surprise for 2018 will be how little inflation will rise. Markets are building a house of cards on plans for inflation to return as they bet on a return of the Phillips curve. The anticipated ...

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 ...

January jobs report beats expectations, indicating accelerating momentum in the labor market. The market's reaction to the strong jobs report shows a shift in sentiment towards a more positive ...

New data covering the period since May 2023 have continued to follow the path of a nonlinear Phillips curve that shows the relationship between inflation and a particular measure of labor market slack ...

The worsening global recession has heightened concerns that the United States and other economies could enter a sustained period of deflation, as did Japan in the 1990s and the United States during ...

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 ...

Speaker Johnson Proves the Necessity of Reviving the Nondelegation Doctrine Yes, Ozempic for All Unite the Rails The Fed’s Latest (Sort of) ‘Mission Accomplished’ Higher inflation does not mean lower ...