Some articles on rate, expected inflation rate, rates:
... Effect) is the proposition by Irving Fisher that the real interest rate is independent of monetary measures, especially the nominal interest rate ... The Fisher equation is This means, the real interest rate equals the nominal interest rate minus expected inflation rate ... Here all the rates are continuously compounded ...
... effect states that a change in a country's expected inflation rate will result in a proportionate change in the country's interest rate, such that the Fisher effect can be arranged as where is the nominal ...
Famous quotes containing the words rate and/or expected:
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—Sir Herbert Read (18931968)
“Vanessa wanted to be a ballerina. Dad had such hopes for her.... Corin was the academically brilliant one, and a fencer of Olympic standard. Everything was expected of them, and they fulfilled all expectations. But I was the one of whom nothing was expected. I remember a game the three of us played. Vanessa was the President of the United States, Corin was the British Prime Ministerand I was the royal dog.”
—Lynn Redgrave (b. 1943)