McCallum Rule: What It is, How It Works, FAQs

The McCallum Rule is a monetary policy theory and formula describing the relationship between the monetary base and nominal GDP growth.

Udit Misra writes: In corporate India’s sales data, another reason why GDP growth is being questioned

While India’s GDP has been surprising observers on the upside every quarter this financial year, what has happened to the ...
The Motley Fool

What Does Nominal Mean? Definition & Examples

Nominal means unadjusted for inflation or simply a face value in finance. Nominal fees are minor compared to the main product or service cost. Market values of stocks and bonds can differ ...

Budget 2026 glossary: Fiscal deficit, GDP and other key budget jargon explained

Budget 2026: Union Finance Minister Nirmala Sitharaman is all set to present the Union Budget for the financial year ...
American Enterprise Institute

Chart of The Day: Nominal GDP in ‘recession Territory’

From economist Don Rissmiller at Strategas Research: The significant risk of an economic slowdown in the U.S. economy, which is still 71% consumer spending, tends to come when you have the saving rate ...
londonlovesbusiness.com

The Bank of England should target nominal GDP growth, not inflation

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Reuters

Fall in India nominal GDP growth in FY24 to challenge fiscal math

MUMBAI, Jan 9 (Reuters) - India's nominal GDP growth is likely to fall in 2023-24, hurting tax collections and putting pressure on the federal government to reduce the budget gap by cutting expenses ...