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INFLATION

Fisher Equation

Relates nominal rates, real rates and inflation exactly in multiplicative form.

Formula

(1+i)=(1+r)(1+π)

Variables: i nominal rate; r real rate; π inflation

What it means

Relates nominal rates, real rates and inflation exactly in multiplicative form.

Example

If real rate is 2% and inflation 3%, exact nominal rate is about 5.06%.

How to interpret it

This concept should be read together with its market convention, measurement horizon and underlying instrument. BondStats presents it as an analytical reference rather than investment advice; instrument documentation and primary market rules remain authoritative.

BondStats reference content is independently written. Mathematical relationships, abbreviations and market conventions are presented for educational and analytical use.