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Thoughts From The Divide - Archive

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The Hibernating Phillips Curve - February 26, 2019

In a paper entitled “Prospects for Inflation in a High Pressure Economy: Is the Phillips Curve Dead or is It Just Hibernating?” by Peter Hooper, Frederick Mishkin, and Amir Sufi, they weigh in on the dynamic of inflation in a high pressure economy and the viability of the Phillips Curve.

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Mixed Housing Data - February 19, 2019

Recent housing data has been displaying mixed signals. On the positive side, homebuilders and consumers are confident in the future, while on the negative side, NAHB’s Opportunity Index, which measures affordability, is at its lowest reading in ten years. 

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