Adjusting for Inflation

Diego Mendez-Carbajo

Page One Economics Newsletter, 2023, 7 pages

Abstract: As inflation raises the overall price level in an economy, the purchasing power of the dollar decreases and both borrowing and lending costs increase. The January 2023 issue of Page One Economics discusses how price indexes can be used to transform nominal wages and interest rates into real, or inflation-adjusted, values.

Keywords: inflation; Consumer Price Index (CPI); interest rates (search for similar items in EconPapers)
Date: 2023
References: Add references at CitEc
Citations:

Downloads: (external link)
https://research.stlouisfed.org/publications/page1 ... usting-for-inflation Full text (text/html)
https://files.stlouisfed.org/files/htdocs/publicat ... for-inflation_SE.pdf Full text (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:fip:fedlpo:95431

Ordering information: This journal article can be ordered from

Access Statistics for this article

More articles in Page One Economics Newsletter from Federal Reserve Bank of St. Louis Contact information at EDIRC.
Bibliographic data for series maintained by Scott St. Louis ().