Toby Walters is a financial writer, investor, and lifelong learner. He has a passion for analyzing economic and financial data and sharing it with others. The real value of an item is its nominal ...

The nominal interest rate is the simple interest charged on a loan or paid on a deposit. Real interest is nominal interest after taking inflation’s effects into account. Economists, as well as lenders ...

As you all know, Gross Domestic Product (GDP) is an important economic term that is used to represent the final value of goods and services produced within a country’s borders in a specific period of ...

Ask anyone what the Federal Reserve controls and you will most likely get an answer having to do with interest rates. And while most people should be forgiven for believing this, they would be dead ...

Despite the 18.3% year-on-year increase, Ajayi-Kadir noted that real GDP growth remains weak, averaging just 1.95% between 2020 and 2024. The Director-General of the Manufacturers Association of ...

BEIJING (Reuters) - China on Friday revised up its nominal 2018 gross domestic product (GDP) by 2.1% to 91.93 trillion yuan ($13.08 trillion), keeping it on track to achieving its goal of doubling the ...