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

In August, GMB fell by 0.4% MoM and has fallen by $194 billion, or 0.8%, over the last twelve months. Inflation is caused by excessive monetary growth, but the money supply has decreased by 3.7% over ...

TOKYO, Jan 6 (Reuters) - Japan's monetary base, or cash in circulation, declined for the first time in 18 years in 2025 as the central bank weaned off massive policy support, data showed on Tuesday, a ...

All forms of money are not equal. The highest rung is occupied by cash. The only digital asset capable of replicating such a safe position is a CBDC. Safe in terms of liquidity and counterparty risk.

TOKYO (Reuters) - Japan's monetary base soared to a record in April, the Bank of Japan said on Thursday, as the central bank's more aggressive quantitative easing program boosts the amount of money ...

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 ...