In The Moment ... December 2, 2019 Show 710 Hour 1
Most of us have a basic understanding of interest rates -- especially as they relate to our mortgages, credit cards, or student loans. But the "nominal rate," as it's known, is not the whole story. Joe Santos is with us today for Morning Macro for a look at the Fisher Effect. You can follow along online at his blog schooleddotblog.com. Joe Santos is Professor and Coordinator of Graduate Programs and the Dykhouse Scholar in Money, Banking, and Regulation at the Ness School of Management and Economics at South Dakota State University. He joins us from the Jeanine Basinger Studio at SDSU for this week's Morning Macro.