4 ms·
"Real" means inflation adjusted in the economics and finance world. Let's call it a "True" interest rate. Central banks directly influence the shorter end of t
by exHFguy2 9y ago
"Real" means inflation adjusted in the economics and finance world.
Let's call it a "True" interest rate. Central banks directly influence the shorter end of the yield curve. They can influence the longer end only indirectly.