Sentences with phrase «using nominal interest»

Not exact matches

Also, which nominal interest rate should be used?

While there are some signs of recognition such as the Fed's reduction in its estimated neutral rate from 4.5 percent to 3.0 percent during the last 2 years, the IMF's explicit use of the term secular stagnation in its World Economic Outlook, ECB president Mario Draghi's call for global coordination and greater use of fiscal policy, and Japan's indicated interest in fiscal - monetary cooperation, policymakers still have not made sufficiently radical adjustments in their world view to reflect this new reality of a world where generating adequate nominal GDP growth is likely to be the primary macroeconomic policy challenge for the next decade.

Currently, the Department of Finance only using the major aggregates of economic activity — real and nominal gross domestic product (GDP), short and long - term interest rates, etc..

The nominal interest rate is, in essence, the actual monetary price that borrowers pay to lenders to use their money.

I can use MoneyTap both as personal loan & credit card at nominal interest rates.

To use the calculator posted in the comment by MD - Tech the interest rate should be entered as a nominal rate compounded monthly, i.e.

In order to determine the real interest rate, I am required to use the nominal...