Growth, inflation, and interest rates
The macro variables that shape risk appetite and valuation.
Growth, inflation, and interest rates
| Concept | Explanation | |---|---| | Growth acceleration | Economic activity expands faster. | | Growth slowdown | Demand and production lose momentum. | | Inflation acceleration | Price pressures increase. | | Disinflation | Inflation remains positive but slows. | | Policy rate | Short-term interest rate set or influenced by a central bank. | | Real rate | Interest rate adjusted for inflation. |