Sentences with phrase «without accounting for inflation»

Not exact matches

The strategies for achieving these broad macroeconomic objectives include the following: • Promoting inclusive growth without compromising fiscal consolidation; • Anchoring fiscal policy on reducing the fiscal deficit to low and sustainable levels, sufficient to reduce the overall public debt burden; • Strengthening the inflation targeting regime and pursuing complementary monetary policy to promote monetary discipline; and • Pursuing complementary external sector policies to ensure exchange rate stability and favourable current account balance.

The energy of this collision could account for many of the observed features of the universe without requiring an unexplained episode of inflation.

The nominal interest rate is a simple concept to understand; for example, if you borrow $ 100 at a 6 % interest rate, you can expect to pay $ 6 in interest without taking inflation into account.

By some accounts, it's been the stock market's enormous wealth - creating effect that's enabled the economy to grow for eight straight years without sparking inflation.