Earth to Fed! Nominal GDP Surges Over 8% in Q3

Joe Carson
Dec 23, 2025
1 min read

Nominal GDP increased at an annual rate of 8.2% in Q3, after a 6% annualized rise in the previous quarter. These consecutive strong increases in nominal economic activity are the largest since 2022. Monetary policy affects nominal spending, and the Nominal GDP/Fed Funds rule suggests that the current monetary policy stance is "far too easy". GDP price Index +3.7%. Earth to Fed!

Recent Posts

Artificial Intelligence: Implications for Growth, Jobs & Productivity

It has been argued that AI could usher in "10x of the Industrial Revolution at 10x the speed." Yet, for AI to deliver on its growth potential for the economy, not just for a select group of companies,

Message to Fed Chair: "Learn to Forecast"

Fed Chair Warsh's term has begun with some challenges, and it's still uncertain how he intends to handle monetary policy. Forecasting plays a vital role in effective policymaking, yet Mr. Warsh has no

Fed Warsh: Open To Change The Fed's Ways of Conducting Monetary Policy

During the June 17 press conference after the FOMC meeting, the new Fed Chairman, Warsh, announced the establishment of five task groups. These groups will address various topics, such as Fed communic

Earth to Fed! Nominal GDP Surges Over 8% in Q3

Recent Posts

Comments

Stay in the know