Inflation and nominal interest rates across countries 100 Nominal interest rate Kazakhstan (percent, Kenya logarithmic Armenia scale) Uruguay France 10 Nigeria United Kingdom United States Japan Germany ▣Singapore 10 100 1000 Inflation rate(percent,logarithmic scale) CHAPTER 7 Money and Inflation slide 29 CHAPTER 7 Money and Inflation slide 29 Inflation and nominal interest rates across countries Inflation rate (percent, logarithmic scale) Nominal interest rate (percent, logarithmic scale) 100 1 0 1 1 1 0 100 1000 Kenya Kazakhstan Armenia Nigeria Uruguay United Kingdom United States Singapore Germany Japan France Italy