# Phillips Curve

*Macro & Economy — Finicade finance glossary*

The observed trade-off between unemployment and inflation: push unemployment very low and inflation tends to rise. Central banks lean on it, even as its shape shifts with expectations.

**Also known as:** phillips-curve-derivation, the-accelerationist-curve

**Related terms:** [Inflation](https://finicade.com/glossary/inflation), [Unemployment Rate](https://finicade.com/glossary/unemployment-rate), [NAIRU](https://finicade.com/glossary/nairu)

**Taught in:** Macro & Markets — The Phillips Curve

Source: https://finicade.com/glossary/phillips-curve