interest rate, the study found evidence for the popular Fisher's effect and, then, suggested that inflation targeting should be …

Whenever inflation rears its head, the call soon comes to raise interest rates. The rationale is simple. Higher … interest rates put a damper on the supply of money. And this monetary clamp slows inflation. It’s so intuitive that it must be … inflation. Yet the evidence demonstrates that the opposite is true: higher interest rates are associated with higher inflation …

According to several empirical studies, US inflation and nominal interest rates, as well as the real interest rate, can … be described as unit root processes.These results imply that nominal interest rates and expected inflation do not move … the three-month treasury bill rate and inflation share a common nonlinear component that explains a large part of their …