The Bank of England should target nominal GDP growth, not inflation - London Business News | Londonlovesbusiness.comNominal GDP targeting is advocated as a superior option to inflation targeting for economic policy.
What is inflation? This is what can happen if the rates are too high or lowInflation is the average increase in prices measured annually, affecting household items and services. The UK government targets an inflation rate of 2% for stability.
The Bank of England should target nominal GDP growth, not inflation - London Business News | Londonlovesbusiness.comNominal GDP targeting is advocated as a superior option to inflation targeting for economic policy.
What is inflation? This is what can happen if the rates are too high or lowInflation is the average increase in prices measured annually, affecting household items and services. The UK government targets an inflation rate of 2% for stability.
Fed holds interest rates steady, but a cut could be coming in SeptemberFederal Reserve may reduce borrowing costs in September as inflation aligns with 2% target.
Fed official says no rate cuts yet, inflation still above targetFederal Reserve Bank of Kansas City President Jeffrey Schmid is cautious about supporting a reduction in interest rates, emphasizing the need for further data analysis.
Further Fed hikes remain off the table for nowThe 'Fed put' is maintained after the May FOMC meeting, with a supportive backdrop for risk assets.
Fed holds interest rates steady, but a cut could be coming in SeptemberFederal Reserve may reduce borrowing costs in September as inflation aligns with 2% target.
Fed official says no rate cuts yet, inflation still above targetFederal Reserve Bank of Kansas City President Jeffrey Schmid is cautious about supporting a reduction in interest rates, emphasizing the need for further data analysis.
Further Fed hikes remain off the table for nowThe 'Fed put' is maintained after the May FOMC meeting, with a supportive backdrop for risk assets.
Unemployment data triggers recession indicator - London Business News | Londonlovesbusiness.comUS jobs report shows cooling labor market conditions, low nonfarm payrolls, higher unemployment, and slowing earnings growth.Federal Reserve likely to proceed with 25bp cut in next meeting, focused on dual mandate of employment and inflation.