Reviewed by Erika Rasure Fact checked by Vikki Velasquez Multiple economic factors influence interest rates. Three types of interest rates, including real, nominal, and effective affect consumers' ...

is—it’s effectively a percentage of an amount over a year. If your savings account earns you a 0.05% interest per year (which is a really terrible interest rate, honestly), you earn $5 in interest for ...

We have argued that nominal rates and differentials are the key driver of the dollar. Some have suggested real rates are the real driver. We test the hypothesis and offer some initial results. Real ...