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"The success over the years in reducing inflation and, consequently, the average level of nominal interest rates has increased the likelihood that the nominal p

The success over the years in reducing inflation and, consequently, the average level of nominal interest rates has increased the likelihood that the nominal po

The success of central banks at reducing inflation through lowering interest rates has increased the likelihood that rates could bottom out at zero during a rec

The "Great Recession" and the ensuing weak recovery have led the Federal Reserve (Fed) to re-evaluate its monetary policy. Since December 2008, overnight intere

Central banks around the world try to influence economic activity by altering nominal interest rates which will have an effect on the real rate. However, this i