Tag: inflation
K-Percent Rule
DefinitionFriedman's k-percent rule is the monetarist proposal that the money supply should be increased by the central bank by a constant percentage rate every...
IMF Nonfuel Commodity Index
What is the IMF Nonfuel Commodity Index
The Index is a weighted average of a broad basket of nonfuel commodities. The index was first published...
GDP Price Deflator
What is the 'GDP Price Deflator' GDP price deflator is an economic metric that accounts for inflation by converting output measured at...
Obamanomics
What is Obamanomics
Obamanomics is the economic policy pursued by US President Barack Obama. The main goals of Obamanomics are to boost job creation and...
Macro Environment
What is a 'Macro Environment' A macro environment is the condition that exists in the economy as a whole, rather than in...
Jackson Hole Economic Symposium
What is 'Jackson Hole Economic Symposium' An annual symposium sponsored by the Federal Reserve Bank of Kansas City since 1978, and held...