NOMINAL INTEREST RATE
The interest rate before taking inflation into account. The nominal interest rate is the rate quoted in loan and deposit agreements. The equation that links nominal and real interest rates is:
(1 + nominal rate) = (1 + real interest rate) (1 + inflation rate).
It can be approximated as nominal rate = real interest rate + inflation rate.
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ECONOMIC CALENDAR
Time | Country | Indices | Period |
---|---|---|---|
04:00 | Expected Annual Inflation 2y from now | 4 quarter | |
07:00 | Economy Watchers Survey | Oct | |
10:30 | New Yuan Loans | Oct | |
01:30 | Westpac Consumer Sentiment | Nov | |
01:50 | M2 Money Supply + CD | Oct | |
02:30 | NAB Business Confidence | Oct | |
08:00 | Prelim Machine Tool Orders | Oct | |
09:00 | CPI | Oct | |
09:00 | Harmonized CPI | Oct |