This post offers a framework for thinking about the effect of tariffs on major asset class returns by estimating asset ...

The claim of Diallo et al (2022) that in “fragile” economies, the inflation-unemployment trade-off is a trade-in, is apprised. The EPW produces independent and public-spirited scholarship and analyses ...

Inflation retreated again in April on the back of lower prices for consumer staples like groceries and gasoline, and other items such as used cars and clothing. The consumer price index, a key ...

Simplying a lot, the standard view since Volcker has been to take the Phillips curve and add in the monetarist view of inflation expectations. As Federal Reserve Governor Adriana D. Kugler put it ...

Economic indicators show mixed signals. Corporate profits dip, consumer spending stays strong. Read here for an assessment of ...

Bitcoin price cycles remain in focus as part of the BTC price “power curve” model. Eating gold’s market cap could propel BTC/USD to nearly $1 million by the decade’s end. Bitcoin (BTC ...

However, tariffs levied by President Donald Trump are expected to reignite inflation as soon as next month, according to economists. Prices declined for categories like gasoline, groceries ...

Our results imply that the sharp drop in core inflation in the early 1980s was mostly due to shifting expectations about long-run monetary policy as opposed to a steep Phillips curve, and the greater ...

US consumer sentiment falls short, but inflation expectations jump, lifting the Greenback Diverging policy paths: Banxico begins easing while the Fed may stay on hold longer. USD/MXN holds above ...

The normal economic indicators – jobs, inflation ... curve flipped from strongly inverted to rapidly steepening within a week of the Fed’s first rate cut in 4 ½ years. Yield Curve Goes Normal ...