Inflation still lies somewhat above the Federal Reserve’s 2% goal after slowing significantly since its spring 2022 peak.

In times of low unemployment, employers typically need to pay higher wages to attract employees, ultimately leading to rising ...

unemployment tends to be low, and vice versa. This relationship is sometimes called the Phillips Curve after economist A. W. Phillips, who made the claim that the inverse relationship between the ...

According to a graph known as the Phillips Curve, low unemployment and rising wages lead to higher prices for goods and ...

The unemployment rate remained low at around ... the economic and financial systems in the U.S. In a twist of the Phillips curve, the opposite of what some economists wanted to achieve occurred ...

Unemployment rates and personal consumption expenditures. “Federal Reserve Chair Jerome Powell has been asked about the Phillips curve, including during his July 2019 testimony before Congress ...

Fifteen months of new data since May 2023 continue to track closely along the path of a fitted nonlinear Phillips curve. This confirms earlier ... the ratio of the unemployment rate to the job vacancy ...