The Phillips curve describes inflation as a persistent process that depends on public expectations of future inflation and economic slack. The role of each component has changed over time: maintaining the public’s expectations that the Fed is committed to an inflation target has grown in importance. Such considerations are important as the Federal Reserve evaluates its future policy options.
Gary Longoria, an IT business analyst and Scrum Master, has won employee awards for his ability to engage colleagues and excel in his work. He started at the San Francisco Fed as an intern and also used to be a competitive yo-yo champion. Read about his non-traditional path into internet technology.
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