Federal funds rate nominal interest rate
of output, inflation, and the short-term nominal interest rate fol- lowing the collapse interest rates ended “too soon” (the federal funds rate was kept at. 1 percent 15 Nov 2015 No-one is sure what the Fed's long-delayed nominal interest rate hikes will bring, The equilibrium real funds rate: Past, present and future. The Fed's ability to influence longer-term nominal rates through its influence on the federal funds rate apparently extends to the real interest rate as well. The