1 - University of Nevada, Reno | University of Nevada, Reno

Japanese yen real rate forecast for 2003: (1 nominal)/(1 2yr – consumer price change forecast) – 1 0.30% c. US dollar real rate forecast for 2003: (1 nominal)/(1 2yr – consumer price change forecast) – 1 0.43% Note that none of the real interest rates calculated is larger than 1.8%. ................
................