BOXES Box 1 Assessing US inflation developments using the Phillips curve The recent decline in inflation has been a broadly based phenomenon across major advanced economies, despite differences in the cyclical positions.

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Date: 2015-03-19 04:43:12 Monetary policy Unemployment Economic theories Phillips curve NAIRU Central bank Deflation Monetary inflation Late-2000s recession Economics Inflation Macroeconomics		BOXES Box 1 Assessing US inflation developments using the Phillips curve The recent decline in inflation has been a broadly based phenomenon across major advanced economies, despite differences in the cyclical positions. Add to Reading List Source URL: www.ecb.europa.eu Download Document from Source Website File Size: 232,83 KB Share Document on Facebook

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