CorrelateAI › Pairs
US Inflation Rate vs US Bank Lending Interest Rate
US Inflation Rate and US Bank Lending Interest Rate correlate at r = +0.73 over 62 years (1960–2021), p < 0.0001. With the time trend removed, r = +0.70. Holds up after detrending.
Verdict: Holds up after detrending. Statistically significant (p = < 0.0001) and the association survives trend removal (detrended r = 0.70). Correlation still isn't causation, but this one isn't an obvious artifact.
- Pearson r
- +0.73
- p-value
- < 0.0001
- Years compared (n)
- 62 (1960–2021)
- 95% confidence interval
- 0.59 to 0.83
- Correlation with the time trend removed
- +0.70
Sources
- US Inflation Rate (% annual): World Bank. US Inflation Rate (World Bank indicator FP.CPI.TOTL.ZG).
- US Bank Lending Interest Rate (%): World Bank. US Bank Lending Interest Rate (World Bank indicator FR.INR.LEND).
Related pairs
- US Adult Obesity vs US Bank Lending Interest Rate (r = -0.85)
- US Forest Area vs US Bank Lending Interest Rate (r = -0.81)
- Atmospheric Methane (global) vs US Bank Lending Interest Rate (r = -0.80)
- US Bank Lending Interest Rate vs US Resident Patent Applications (r = -0.79)
- US Bank Lending Interest Rate vs US Mobile Subscriptions (r = -0.73)
- US Internet Users vs US Bank Lending Interest Rate (r = -0.72)
Correlation does not imply causation. How the verdict is worked out.