The Reserve Bank of Australia held its cash rate steady at 3.85% during its July meeting, defying market expectations of a 25 basis point cut. The decision, passed by a majority vote, reflects the ...

Simulations using a Phillips curve-type relationship provide insights into the importance of demand versus supply for ...

In SRAS, capital is fixed, which mean any changes in aggregate demand will affect what a manufacturer can realistically produce in the short-term. As a result, output is unlikely to change drastically ...

Govt may have to pitch in to boost aggregate demand India's Q4FY25 GDP grew 7.4%, driven by strong investment, but private consumption slowed and government spending contracted.

Increase in unemployment was partly driven by seasonal agricultural patterns and extreme heat in some regions, limiting ...