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monetary policy
Business / 15 weeks ago
U.S. dollar sees significant inflation surge from 2015 to 2025, peaking in the pandemic aftermath
Over the past decade, the U.S. dollar has experienced a steady yet noticeable erosion in purchasing power, with cumulative inflation pushing the nominal value of $500,000 in 2015 to a staggering $678,147.56 by 2025. This represents a cumulative inflation growth of approximately 35.6%, according to data compiled by World Visualized using figures from the U.S. Department of Labour.
Business / 38 weeks ago
GDP projections for OECD countries in 2025 and what they mean
As of December 2024, the Organisation for Economic Co-operation and Development (OECD) released its latest Economic Outlook, projecting global GDP growth to remain resilient despite significant challenges. The global economy is expected to grow by 3.3% in 2025, slightly up from 3.2% in 2024. Inflation within OECD countries is anticipated to ease from 5.4% in 2024 to 3.8% in 2025, supported by a still restrictive monetary policy stance in most countries. Regional Projections:
