The definition of inflation is an increase in prices and a subsequent decrease in the purchasing power of money. But demand-pull inflation is slightly more complex, as it occurs when prices go up ...
Transitory "Demand-Pull" Inflation has decreased from 9% in June 2022 to 3% today. It was caused by temporary COVID-related supply shortages. The next wave of inflation, called "Cost-Push," is ...
I use Phillips curve type regressions to assess the relative contributions of demand and supply forces to U.S. inflation during the pandemic era from February 2020 onward and the decade following the ...
Bitcoin's BTC $96,784.13 bull run could add to inflation in the U.S. economy, making it harder for the Federal Reserve to cut interest rates this year. A 2023 paper by Harvard Business School's Marco ...
WASHINGTON, DC - JULY 26: Federal Reserve Board Chairman Jerome Powell speaks during a news conference after a Federal Open Market Committee meeting on July 26, 2023 at the Federal Reserve in ...
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 ...
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