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Viewpoints Broken Phillips Curve a Symptom of Lower U.S. Inflation Expectations Broken Phillips Curve a Symptom of Lower U.S. Inflation Expectations We believe the Phillips curve framework is doing a poor job at forecasting inflation.
Spyros Michas Portfolio Manager, Real Return Share Share Share via LinkedIn Share via Facebook Share via Twitter Share via Email Add Add Download Download Print Print Mr. Michas is a vice president and portfolio manager on the real return team in the Newport Beach office. Prior to joining PIMCO in 2016, he was a teaching fellow in economics at Harvard University and a research fellow at Harvard’s Center for International Development (CID) think tank. He previously worked as a director in Fitch’s sovereign team in London, where he held credit roles across the structured finance and global financial institutions teams. He also worked as a quantitative analyst at Barclays in London and as an economist at the World Bank in Washington, DC. He has 10 years of investment experience and holds an MBA from the Wharton School of the University of Pennsylvania and a master’s degree in economics from Harvard University.
