Household spending continues to underpin economic activity and is expected to grow
at a moderate pace over the projection period.
The long - anticipated increase in the Federal Reserve's key interest rate materialized this week when the Federal Reserve announced it will raise the target range for the federal funds rate to between 0.5 and 0.75 percent, citing a strengthening labor market, inflation approaching 2.0 percent and anticipation that the economy will expand
at a moderate pace over the next few years.
Not exact matches
The Australian economy has continued to expand
at a
moderate rate, although the
pace of growth has slowed
over recent quarters, largely due to the weak world economy and the effect of the drought.
These factors point to a further build - up of inventories
over 2003, but
at a more
moderate pace, implying a partial reversal of the significant contribution of inventories to March quarter growth.
To start, interest rates are likely to move higher
at a slow and
moderate pace that could keep bond yields well below historical averages
over the next five years, according to the BlackRock Investment Institute (BII).
The car rides well
at moderate speeds, but get it moving
at a good
pace and it starts to exhibit some bounce
over undulating surfaces.
To start, interest rates are likely to move higher
at a slow and
moderate pace that could keep bond yields well below historical averages
over the next five years, according to the BlackRock Investment Institute (BII).
«The Committee expects that... economic activity will expand
at a
moderate pace, labor market conditions will strengthen somewhat further, and inflation will stabilize around 2 percent
over the medium term... In view of realized and expected labor market conditions and inflation, the Committee decided to raise the target range for the federal funds rate to 3/4 to 1 percent.»
Household debt will continue to grow
at a «
moderate pace»
over the next year, the BoC's states in this latest Monetary Policy report.