Leading Banks Forecast For 2022: JPY, GBP, CAD, AUD, CHF, SEK, CNH
January 02, 2022 at 06:13 AM EST
The positive GDP gap is also called the inflation gap, because it indicates that the growth of aggregate demand outstrips the growth of aggregate supply and accelerates inflation. According to the IMF, this will + 3.3% in the US and + 0.8% in Canada.
