3min chapter

Money For the Rest of Us cover image

Will Quantitative Tightening Lead To Even Greater Financial Losses?

Money For the Rest of Us

CHAPTER

What Does It Mean When the Federal Reserve and Other Central Banks Are Raising Interest Rates?

Economic growth is measured by gross domestic product, or g d p. G d p is the monetary value of all the goods and services produced in a country over a specified time period. In 20 21, global g d p increased six % after falling by three%. Itsin edibly rare forglobal g d p to contract to fall. Most economists are predicting global gd p will increase in 20 22 despite some of the head winds.

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