Home/Tag: growth

Federal Reserve U-Turn and the Phillips Curve

In February 2019, the US Federal Reserve stopped worrying about inflation that might come from economic growth (and reduced unemployment) and instead focused on the possibility of stagnant growth. That shift in focus led the Fed to stop talking about raising interest rates to reduce inflation, and instead talk [...]

Federal Reserve U-Turn and the Phillips Curve2020-05-10T09:57:21-04:00

More Potato Chip Deficit Forecasts

Justin Trudeau and the Liberals were elected on an economic platform that included running deficits to finance infrastructure during a period of slow growth and low borrowing costs. In a Globe & Mail column, Jeffrey Simpson reviews the causes of slow growth, and recognizes the legitimate economic argument for federal [...]

More Potato Chip Deficit Forecasts2020-05-09T10:38:48-04:00