The nominal interest rate is the simple interest charged on a loan or paid on a deposit. Real interest is nominal interest after taking inflation’s effects into account. Economists, as well as lenders ...

The nominal interest rate may be cited in a financial institution advertisement for a loan or deposit. But nominal interest rates provide only rough estimates of how much it costs to borrow money or ...

To benefit the economy in the long–term, central banks need to reassess their attitude to short-term nominal interest rates. While the European Central Bank (ECB) and Bank of Japan (BOJ) are exploring ...

It's often said that compound interest is the eighth wonder of the world, but few people understand just how wondrous - or treacherous - compound interest can be. To an investor, knowing that your ...