Real interest rates can be negative. Even if the nominal rate is positive, inflation can erode purchasing power. The real interest rate includes inflation to give investors a more accurate measure of ...
Standard deficit accounting neglects the growth dividend: the amount by which annual GDP growth shrinks the debt-GDP ratio. America's growth dividend has more than doubled since the Great Recession ...
Amid the inflationary pressures in 2024, the Bank of Ghana (BoG) Monetary Policy Committee (MPC) implemented a series of measures aimed at reining-in inflation, stabilising the economy and achieving ...