One thing that concerns economists and policymakers about these ups and downs (commonly called the business cycle) is how close current output is to an economy’s long-term potential output. That is, ...

One thing that concerns economists and policymakers about these ups and downs (commonly called the business cycle) is how close current output is to an economy’s long-term potential output. That is, ...

This note contains the Bank of Canada’s 2024 staff assessment of potential output in Canada. Between 2023 and 2027, potential output growth is expected to average around 2% annually. Relative to the ...

This note presents the annual update of Bank of Canada staff estimates for growth in global potential output. These estimates serve as key inputs to the analysis supporting the April 2024 Monetary ...

With India experiencing strong economic growth, potentially higher than its long-term potential output, the case for maintaining the current interest rates is strong, and the RBI may choose to ...