Hints and tips:
...They say we’re moving along the Phillips curve and therefore that has implications for monetary policy....
...Phillip Orlik is vice-president for sales and regional head for western Europe at Germany-headquartered medical devices business B. Braun....
...Alex Ridout’s youthful swagger makes her a trumpet rising star, Nathaniel Facey’s acerbic alto sax exuded maturity and bassist Dudley Phillips added the firm hand of experience underneath....
...For “Sweet Thing” Zara McFarlane took over, in rolling gospel style that suited the Old Testament lyrics, over a fat double-bass line from Dudley Phillips, Curtis’s piano swelling joyously and eventually...
...There was a melancholy pop brightness to “Annabel”, Pirashanna Thevarajah punctuating the rhythm with jaw harp, Dudley Phillips bolstering Sam Mills’s guitar, Raman striking poses of studied casualness....
...So that suggests that the Phillips Curve still exists. If put enough pressure on the labour market that will drive up wage gains. So I think the Phillips Curve is probably pretty flat....
...The US central bank still faces questions about the strength of the Phillips curve and the relationship between the economy’s output gap — or the degree of under-utilised resource capacity — and its own...
...The FOMC seems largely united in believing that the Phillips Curve remains intact, though it can be hard to identify in actual data in the macro economy....
...He said: Given the similar arguments for and against rate hikes this year in the light of the failure of the Phillips curve, we should probably expect that Minneapolis Fed President Kashkari would dissent...
...Progress is likely to require a greater understanding of the breakdown in the Phillips curve than we now have....
...Bob Dudley, BP chief executive, told investors last week that retail was an important part of the group’s target to increase earnings from its downstream refining and marketing division by $3bn between 2014...
...Part of the problem is that the link between low unemployment and higher price growth embodied in the so-called Phillips curve has looked fragile for decades....
...Policymakers could just pick any spot on “the Phillips Curve” they want....
...But Bob Dudley, BP’s chief executive, did manage to find one bright spot amid the gloom at the company’s annual meeting....
...The Phillips Curve still exists, so wage inflation is headed higher. Core inflation is not far below the Fed’s 2 per cent target....
...As Bob Dudley of BP put it, his expectations about prices were “lower for longer, not lower forever”. But what if they are wrong?...
...So you can say that the Phillips Curve is a lot flatter, inflation expectations are well anchored, and so the Phillips Curve is very flat, and so the trade-off between the pressure on labour market and inflation...
...Although Mr Dudley is not a board member, he has a special position as deputy chair of the FOMC and a permanent voter....
...Here we are in a charming Arts and Crafts home (elegantly realised in William Dudley’s design), whose owner is a member of the Bunbury Players, an amateur dramatic group devoted to Wilde....
...It is also a personal success for Bob Dudley – the first in his tenure as chief executive of the UK oil group....
...Siân Phillips in Bristol is of course a commanding presence, but never suggested to me either the initial transports of rapture or the full heft of her transition through to fatalistic knowledge; Phillips...
...Phillips....
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