DeQuadros Says the Phillips Curve Still Works

The video discusses the policies of central banks, focusing on inflation expectations and the Phillips Curve's relevance. It highlights the challenges of forward guidance as a policy tool, with examples from leaders like Mark Carney and Mario Draghi. The discussion also covers the difficulty of achieving a unified policy message within central banks, given differing views among policymakers.

What is the significance of the Phillips curve in the context of central banking?

How has Mark Carney's approach to forward guidance been perceived?