| 1. | But this is much rarer : The nominal interest rate is negative.
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| 2. | By promoting price stability, monetary policy can help keep nominal interest rates low.
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| 3. | Cost-of-living allowance is equal to the nominal interest minus the real interest rate.
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| 4. | At the time, the nominal interest rate on the market was 11 percent.
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| 5. | In contrast, the nominal interest rate is always known in advance.
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| 6. | If inflation continues to fall, one would expect a reduction in nominal interest rates.
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| 7. | It emphasized the distinction between real and nominal interest rates:
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| 8. | For a start, real interest is nominal interest minus inflation.
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| 9. | Subjects selected the nominal interest rate to stabilize unemployment and inflation at low levels.
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| 10. | The first was the long postwar boom, during which nominal interest rates stayed comfortably high.
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