U.S.inflation and nominal interest rates, 1952-1998 Percent 16 14 12 10 Nominal 6 interest rate 4 Inflation rate 0 -2 19501955196019651970197519801985199019952000 Year CHAPTER 7 Money and Inflation slide 28CHAPTER 7 Money and Inflation slide 28 U.S. inflation and nominal interest rates, 1952-1998 Percent 16 14 12 10 8 6 4 2 0 -2 Nominal interest rate Inflation rate 1950 1955 1960 1965 1970 Year 1975 1980 1985 1990 1995 2000