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 ...
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Japan's cash in circulation falls for first time in 18 years in 2025 on BOJ stimulus exit
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 ...
(RTTNews) - The monetary base in Japan was up 1.0 percent on year in July, the Bank of Japan said on Friday exceeding expectations for a gain of 0.9 percent and accelerating from 0.6 percent in June.
TOKYO, March 2 (Reuters) - Japan's monetary base rose 2.2 percent in February from a year earlier, Bank of Japan data showed on Tuesday, slower than the previous month's 4.9 percent rise. Current ...
TOKYO, Dec 2 (Reuters) - Japan's monetary base rose 19.5 percent in November from a year earlier, Bank of Japan data showed on Friday. Details were as follows (in percent, year-on-year, final column ...
The volume of the monetary base of the Russian Federation in a narrow definition as of December 26, 2025 amounted to 19832.4 billion rubles, an increase of 303.4 billion rubles. or by 1.55% compared ...
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 ...
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