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

GMB was essentially flat MoM but has fallen by $977 billion or 3.9% over the last twelve months. Recent economic data show that inflation continues to steadily moderate with recent PCE core coming in ...

A salient feature of the post-COVID inflation surge is that economic activity has remained resilient despite unfavorable supply-side developments. We develop a macroeconomic model with nonlinear price ...

Recent research has identified periods when the Federal Reserve intentionally acted to slow inflation when it exceeded desired levels. The success of these disinflation attempts reveals the extent of ...

ALMATY – The National Bank of Kazakhstan (NBK) has decided to keep its base interest rate at 18%, citing persistent inflationary pressures and elevated uncertainty in both domestic and external ...

BUDAPEST (Reuters) -Hungary's central bank left its base rate steady at the European Union's joint-highest 6.5% level on Tuesday for the eleventh successive month, as expected, and said tight policy ...

The Bank of England has held interest rates at 3.75% - remaining at their lowest level since February 2023 The decision, by the Bank's Monetary Policy Committee, had been widely expected by economists ...

Bank of England holds interest rate – but close vote shows inflation risk has eased - The Monetary Policy Committee vote turned out to be much closer than anticipated, with a 5-4 result paving the way ...

In line with the consensus expectations, the National Bank of Romania (BNR) on January 19 kept the monetary policy rate at 6.5%. With headline inflation close to 10% since August after a supposedly ...

INFLATION likely steadied in January with easing utility and food costs having helped offset pressures from fuel price ...

The Economic Survey 2026 predicts India's inflation will be higher in FY27 than FY26, but remains within the RBI's target.

Global Monetary Base grew by 0.5% MoM but has fallen by $580 billion or 2.3% over the last twelve months. We expect the GMB will stabilize over the next quarter and start growing in 2025. If the GMB ...