A real interest rate is the difference between a nominal interest rate and the rate of inflation. Nominal interest rates are the rates set by financial institutions, such as banks and credit card ...

Although the Federal Reserve is widely expected to hold its key interest rate steady at its meeting on Wednesday, what ...

The real interest rate accounts for the impact of inflation on the cost of loans and returns on savings. It is calculated by subtracting the inflation rate from the nominal interest rate.

The more frequent the compounding periods, the higher the rate. A savings account or a loan may be advertised with both a nominal interest rate and an effective annual interest rate. Effective ...

Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate This paper examines the distribution of output around capacity when money ...

and are published to elicit comments and to further debate This paper reexamines some unsettled theoretical and empirical issues regarding the relationship between nominal exchange rates and interest ...