It also seems very odd to me that this bank would advertise the (lower)
nominal rate instead of the higher 1.005 actual APY!
Not exact matches
Instead, as coupons and maturity payments are linked to inflation, index - linked gilt prices are instead driven much more by changes to inflation expectations, and also the complex interaction between nominal interest rates and those inflation expectations (real interest
Instead, as coupons and maturity payments are linked to inflation, index - linked gilt prices are
instead driven much more by changes to inflation expectations, and also the complex interaction between nominal interest rates and those inflation expectations (real interest
instead driven much more by changes to inflation expectations, and also the complex interaction between
nominal interest
rates and those inflation expectations (real interest
rates).
Suppose that,
instead of paying attention to the inflation
rate, the Fed had set itself the task, from 1996 onward, of keeping
nominal GDP growing at a steady
rate of, say, 4.5 percent.
These few authors have effectively negotiated the receipt of huge lump - sum payments for their books,
instead of whatever
nominal royalty
rates are specified in their contracts (to avoid triggering escalator clauses).
We like inflation - protected Treasuries (TIPS)
instead of
nominal bonds, favor shortening interest
rate exposure and favor more corporate credit.
Knowing BOCs boss I would not be surprised at all if we move to negative
nominal interest
rates while inflation is at 8 - 10 % annually (of course the very move of cutting the
rates down
instead of raising it up will kill the CAD and the imports will skyrocket, including food, so 10 % inflation is pretty much guaranteed)