Surveillance: Fed Cycle with Mike Wilson (Podcast)
Bloomberg Surveillance
00:00
The Phillips Curve and the Debate Over the Beverage Curve
The myth of the phillips curve has been around for more than a century. It was used by economists to explain inflation in the 19th Century. But now unemployment is at an all-time low, and it's time to take into account its impact. The question is how much do policy makers think they are going to have to engineer?
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