Sentences with phrase «set nominal interest»

In today's Zero Lower Bound world, central banks have effectively set nominal interest rates as very close to nothing.

Neo-Fisherism turns this upside - down: The central bank sets the nominal interest rate.

Not exact matches

But I really was convinced of my math, which connected iron ore prices inexorably with the extraordinarily large gap between China's Nominal GDP growth and interest rates set by the PBoC, and it was clearly impossible to maintain this gap.

That set of features suggests downward pressure on real U.S. interest rates (i.e. nominal interest rates declining without a corresponding decline in inflation rates).