{"id":180917,"date":"2022-12-27T21:04:00","date_gmt":"2022-12-28T02:04:00","guid":{"rendered":"https:\/\/ibkrcampus.com\/glossary-terms\/phillips-curve\/"},"modified":"2023-01-22T13:38:22","modified_gmt":"2023-01-22T18:38:22","slug":"phillips-curve","status":"publish","type":"glossary-terms","link":"https:\/\/www.interactivebrokers.com\/campus\/glossary-terms\/phillips-curve\/","title":{"rendered":"Phillips Curve"},"content":{"rendered":"<p>A theory that maintains inflation and unemployment have an inverse relationship. Inflation is generally accompanied by economic growth, which includes job creation. A loss of jobs however, leads to reduced price pressures as folks don\u2019t have as much money to buy goods and services, pushing businesses to lower prices. The rise in automation and technology has distorted this relationship, by reducing the global economy\u2019s dependence on labor.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A theory that maintains inflation and unemployment have an inverse relationship. Inflation is generally accompanied by economic growth, which includes job creation. A loss of jobs however, leads to reduced price pressures as folks don\u2019t have as much money to buy goods and services, pushing businesses to lower prices. The rise in automation and technology has distorted this relationship, by reducing the global economy\u2019s dependence on labor.<\/p>\n","protected":false},"featured_media":0,"parent":0,"template":"","meta":{"_acf_changed":false,"footnotes":""},"traders-glossary":[13257,13251],"class_list":{"0":"post-180917","1":"glossary-terms","2":"type-glossary-terms","3":"status-publish","5":"traders-glossary-trading-terms-p","6":"traders-glossary-trading-alphabet"},"pp_statuses_selecting_workflow":false,"pp_workflow_action":"current","pp_status_selection":"publish","acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.9 (Yoast SEO v27.3) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Archives Term | IBKR Glossary | IBKR Campus<\/title>\n<meta name=\"description\" content=\"A theory that maintains inflation and unemployment have an inverse relationship. 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