What does nominal interest rate mean?
Definitions for nominal interest rate
nom·i·nal in·ter·est rate
This dictionary definitions page includes all the possible meanings, example usage and translations of the word nominal interest rate.
Wikidata
Nominal interest rate
In finance and economics, nominal interest rate or nominal rate of interest refers to two distinct things: the rate of interest before adjustment for inflation; or, for interest rates "as stated" without adjustment for the full effect of compounding. An interest rate is called nominal if the frequency of compounding is not identical to the basic time unit.
Numerology
Chaldean Numerology
The numerical value of nominal interest rate in Chaldean Numerology is: 4
Pythagorean Numerology
The numerical value of nominal interest rate in Pythagorean Numerology is: 7
Examples of nominal interest rate in a Sentence
Minneapolis Fed President Narayana Kocherlakota:
Given these costs, I anticipate that monetary policy will be insufficiently accommodative during periods at the nominal interest rate lower bound, which will lead the economy to undershoot the (Fed)’s inflation and employment objectives, fiscal policymakers can mitigate this risk by choosing to maintain higher levels of public debt than markets currently anticipate.
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"nominal interest rate." Definitions.net. STANDS4 LLC, 2024. Web. 29 Mar. 2024. <https://www.definitions.net/definition/nominal+interest+rate>.
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