Thursday - April 23, 2026
Federal Reserve Bank of San Francisco: 'Real Effects of Nominal Interest Rates'
April 07, 2026
SAN FRANCISCO, California, April 7 (TNSLrpt) -- The Federal Reserve Bank of San Francisco issued the following white paper (No. 2026-07) on April 6, 2026, by Joshua K. Hausman, John V. Leahy, John Mondragon, and Johannes Wieland entitled "Real Effects of Nominal Interest Rates."

Here are excerpts:

* * *

Nominal interest rates have real effects. Residential mortgages and other real world debt contracts require a sequence of constant nominal payment . . .

Targeted News Service Document Request Form

This document is available to you by e-mail if you complete the form below with relevant information. There may be a fee for this article or ongoing service of similar materials. We will be in touch shortly.

Name:
What's your
Affiliation		 Government Newspaper / Media Business
Public Policy Individual / Student Educators
Email:
Phone:
Organization, if any:
State/Country you are in:
Additonal questions
or comments:

Click here for more information about our products

Click here for more information about our products