- Osborne confronted by £18bn black hole
- Treasury officials confirmed on Friday that Mr Osborne warned last month of having to “undertake further reductions in spending” only after he had seen the £18bn hole in nominal gross domestic product.
- Fitch Downgrades Finland to 'AA+'; Outlook Stable
- KEY ASSUMPTIONS In its debt sensitivity analysis, Fitch assumes a primary deficit averaging -0.8% of GDP, trend real GDP growth averaging 1% per year, an average effective interest rate of 1.9%, and GDP deflator inflation of 1.
- 10th March 2016 | Euro Area grows as fast as the US
- The weakness of the GDP deflator in the Euro Area relative to the US actually means NGDP growth was higher in the US than in the Euro Area, but only just.
- Inflation Expectations, Fears, are Rising and Markets are Responding
- What the CPI or the GDP deflator or the PCE deflator attempt to measure is the purchasing power of the dollar. I prefer to observe the value of the dollar more directly.
- Borat In Hawaii
- You'd have expected the Japanese yen to have appreciated strongly in recent decades, as the US price level (GDP deflator) has risen from 73 to 100 since early 1994, while the Japanese price level has fallen from 117 to 100.
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