Real interest rates are dictated by the rate of inflation. Higher inflation rates erode consumers’ purchasing power and the amount of interest earned from investments such as deposits.

However, our opinions are our own. See how we rate banking products to write unbiased product reviews. Interest is an amount that's paid on bank accounts or owed on loans. Banks use terms like ...

She is a FINRA Series 7, 63, and 66 license holder. SDI Productions / Getty Images A deposit interest rate is the interest paid by financial institutions to holders of deposit accounts such as ...