Real Interest Rates By Country Visualized
Interest rates play a crucial role in the economy because they affect consumers, businesses, and investors alike. They can have significant implications for people’s ability to access credit, manage debts, and buy more expensive goods such as cars and houses. Ex ante is Latin for “before the event”, and in this case refers to the fact that this data uses projected inflation rates to calculate real interest rates. Nominal Interest Rates vs. Real Interest RatesNominal interest rates refer to the rate at which money can be borrowed or lent at face value, without considering any other factors like...