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.
Mainstream economists define “inflation” as general increases in consumer and producer prices. Yet, such a definition misses ...
Measuring key aspects of a nation’s economy is important, but the metrics used are often misunderstood by many. Quantifying ...
The Federal Reserve opted to leave its benchmark interest rate unchanged in its first policy meeting since President Trump's ...
The Federal Reserve kept its key interest rate unchanged as officials grappled with uncertainty caused by inflation and ...
US Federal Reserve Chairman Jerome Powell speaks at a press conference after the Monetary Policy Committee meeting in ...
The national rate of inflation also jumped from 2. ... businesses and local governments to spend at will. The classic definition of inflation is the percentage increase in consumer prices over ...
Though the Fed and its chairman, Jerome Powell, repeatedly tout their independence from the political world, it is clear from comments from Fed officials that they believe inflati ...