Simulations using a Phillips curve-type relationship provide insights into the importance of demand versus supply for inflation over different periods. The decade of low inflation after the Great ...

Last week I suggested that no matter who was elected, the chance of either candidate getting a handle on inflation was slim to none. My opinion of course, but my reasoning is based on 50 years or so ...

Inflation is a word you hear all the time. However, many people don’t fully understand how it works or how it impacts their daily lives. While some effects of inflation, such as the ever-increasing ...

Recent economic data show that cumulative wage gains have finally surpassed the sharp rise in consumer prices that has plagued the economy for several years. This milestone marks the first time since ...

This post offers a framework for thinking about the effect of tariffs on major asset class returns by estimating asset classes’ response to supply shocks. This blog uses a Phillips curve approach to ...

As we approach the end of the year, here’s a top five list of our most widely read FRBSF Economic Letter topics in 2025, ...

I do not envy Federal Reserve Chairman Jerome Powell right now. The 72-year-old former investment banker and longtime economic policymaker stands at a precarious crossroads. As the Fed chairman, his ...

JERUSALEM (Reuters) -The Bank of Israel left interest rates unchanged for the eighth straight meeting on Monday, citing expectations of higher inflation and economic uncertainty due to Israel's war ...

It could have been a lot worse. In April, as President Donald Trump started his trade war, investors and many economists braced for a steep global recession. In the end, global gdp will probably grow ...

JERUSALEM, Jan 6 (Reuters) - The Bank of Israel left interest rates unchanged for the eighth straight meeting on Monday, citing expectations of higher inflation and economic uncertainty due to ...