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The Famous “Phillips Curve” to Predict Inflation Isn’t Working Like it Should

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The Famous “Phillips Curve” to Predict Inflation Isn’t Working Like it Should

Cookies and milk. Keith and Nicole. Jay-Z and Beyoncé. There are certain relationships that just seem to last. In the world of economics, its unemployment and inflation. Way back in 1958, economist William Phillips made an interesting observation. It seemed a…
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