The traditional 60-40 stock-bond allocation model is likely to underperform in 2026 due to persistently elevated inflation.
We develop an endogenous measure of anchoring for short-run expected inflation in a New Keynesian model with full-information ...
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BSP flags downside inflation risks in 2026
MANILA, Philippines — The Bangko Sentral ng Pilipinas sees inflation risks in 2026 tilted to the downside, with new analysis showing a high chance that price growth could slip below the lower end of ...
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