Federal Reserve chair Jerome Powell recently warned that the United States was at risk of stagflation, a combination of high ...

Take a page from Warren Buffett’s playbook. The post Worried about a recession? Heed this Buffett advice to "Keep Your Head." appeared first on The Motley Fool Australia.

The Model in Brief Without getting too technical, the first main component of Nordhaus’s model was the Phillips curve, the Keynesian tradeoff between unemployment and inflation. Nordhaus posited two ...

If unemployment rises, could that offset tariff-driven inflation? Experts predict steep tariffs could lead to a recession this year.

Underpinning all that is the idea that a better economy often comes with higher inflation. This idea is called the Phillips Curve and is a very helpful heuristic for monetary policy.

As a result, Phillips graphed the relationship between general price inflation and unemployment, rather than wage inflation. The graph is known today as the Phillips curve.

If the economy is in a recession, the unemployment rate will be higher than the natural unemployment rate, and the Phillips curve will be to the right of the straight vertical line.

Second comes the Phillips Curve, which is usually drawn sloping upwards to suggest that if everything else stays the same, inflation will rise during economic booms and fall in recessions. In other ...

Second comes the Phillips Curve, which is usually drawn sloping upwards to suggest that if everything else stays the same, inflation will rise during economic booms and fall in recessions. In other ...

Forces both locally and in international markets have clearly been pushing the Phillips curve down, producing lower inflation. Photo / 123RF Economists working on macroeconomic policy – things ...

Despite interest rates coming down, New Zealand’s economy is being pushed further into recession by government austerity measures. Basic macro-economic analysis shows why.