«At the same time, we expect that the course of policy under Powell will differ little from Yellen in one key respect: Following through on the Fed's «normalization» of U.S. monetary policy requires a fundamentally «shock free» environment,» Citi Private Bank analysts led by Steven Wieting wrote in a note this week. (fortune.com)
The temptation to believe that we are the Viceregent of the Almighty, charged with the thunderbolt of heaven, for the punishment of evil - doers, is one of the subtle temptations by which the Evil One lures well - meaning people to embark upon a course of policy which soon becomes indistinguishable from buccaneering pure and simple. (firstthings.com)
Although coverage increases over the course of a policy period, the resulting higher premium is not usually billed until time of renewal. (valuepenguin.com)