Fifteen months of new data since May 2023 continue to track closely along the path of a fitted nonlinear Phillips curve. This confirms earlier work that portrays the nonlinear empirical relationship ...
The COVID-19 inflation surge experienced abroad undoubtedly left its mark on U.S. inflation. As global economies return to business as usual, it is natural to ask whether international considerations ...
It’s great to be in New York again and to have the opportunity to speak with you about the economy and monetary policy. I very much appreciate the invitation, and I look forward to a lively discussion ...
We examine the impact of systematic media reporting on household inflation expectations, focusing on how selective news coverage influences household responses to inflation news. In a model where ...
SF Fed President Mary C. Daly discussed monetary policy and provided an economic outlook during a moderated conversation with former KTVB anchor Carolyn Holly at Boise State University.
Hosted by New York University Stern School of Business, President Mary C. Daly will deliver remarks on monetary policy and the economy, followed by a moderated conversation with Bloomberg Television’s ...
In the pre-pandemic period, measures of consumer labor market perceptions correlated well with the aggregate unemployment rate. However, for more than a year during the pandemic, consumers perceived ...