The echo chamber of prominent economists have tried over the years to fit the Phillips curve to reality. Ditch the Phillips ...

Analysis of economic factors driving decision-making, including inflation expectations, risk assets, unemployment rates, and ...

Bank of Canada Governor Tiff Macklem warned that artificial intelligence technologies may add to inflationary pressures as ...

Explore the intricate relationship between inflation and unemployment and understand can inflation and unemployment coexist?

Bank of Canada Governor Tiff Macklem discusses how artificial intelligence could impact the economy, and outlines some of the ...

With the Fed poised to cut rates for the first time in years, what have we learned about the economic disruptions of the ...

The best people to sit on the board charged with determining interest rates are those able to take a broader view of the ...

Policy-makers face different Phillips curve trade-offs in tight and normal labour markets, say researchers with the Federal ...

“The US will fall into a recession in late 2024 or early 2025,” they wrote, citing data from their kinked Phillips curve ...

In a Friday speech in Toronto, Macklem said strong investment in AI is boosting demand as rising equity prices and hiring add to consumption. Electricity demand is also “surging” because of the ...

Which means a reduced pace of hiring is a healthy market signal precisely because it’s the market. Since it is, why on earth ...

The Federal Reserve may be on the brink of orchestrating a so-called soft landing—bringing inflation down to the Fed’s annual ...