The real economic growth rate removes inflation in its measurement of economic growth, unlike the nominal GDP growth rate. Real GDP can be calculated by adjusting nominal GDP by inflation.
Inflation targeting is a method used by central banks to maintain stable prices by aiming for a specific inflation rate, typically between 2% and 3% annually in many developed nations. The key concept ...
Mainstream economists define “inflation” as general increases in consumer and producer prices. Yet, such a definition misses ...
During the following two years, ‘immaculate disinflation’ saw both the Consumer Price Index and Personal Consumption Expenditures-based inflation rates fall sharply, even as economic growth ...
After several months of hopeful signs in the battle against inflation, new data confirms that the fight is far from over. Inflation rose 2.9% on an annual basis in December, which was slightly ...
Despite already elevated inflation rates, Prestige Economics cautioned that the December CPI report would likely show an acceleration in year-on-year total CPI consumer inflation rate, which is ...
The Fed raises interest rates or keeps them higher for longer to lower inflation by discouraging borrowing and economic activity. It cuts rates to juice a flagging economy or bring rates back to ...