Sentences with phrase «average nominal rate»

Between 1967 and 2007, the US economy grew at an average nominal rate of 7.3 % per annum.

Not exact matches

After accounting for the impacts of measures and adjustments, the Sales Tax revenue base is projected to grow at an average annual rate of 4.3 per cent over the forecast period, roughly consistent with the average annual growth in nominal consumption of 4.0 per cent over this period.

It shows that higher nominal interest rates historically corresponded with above average annual alpha for the HFRI FWI.

Table 3 shows the changes in the average private sector economic forecasts for nominal GDP (the most applicable tax base for budgetary revenues), and for short - and long - term interest rates, from the first estimate of the deficit to the final outcome.

Since the average nominal wage rate has now risen to $ 21 an hour, the amount given back by the borrower is still equivalent to 1,000 hours of labour - time.

Because low - risk investments return roughly 20 % on average in a country with 20 % nominal GDP growth, financial repression means that the benefits of growth are unfairly distributed between savers (who get just the deposit rate, say 3 %), banks, who get the spread between the lending and the deposit rate (say 3.5 %) and the borrower, who gets everything else (13.5 % in this case, assuming he takes little risk — even more if he takes risk).

Their studies suggested that among developing countries nominal lending rates had on average been around two - thirds on nominal GDP growth rates (although China, at around one - third, was still well below anyone else's at the time).

At a federal - provincial finance ministers» meeting in December 2012, the Finance Minister announced that, starting in 2017 - 18, the rate of growth in the Canada Health Transfer (CHT) would be reduced from 6 per cent per year to grow in line with a three - year moving average in nominal GDP, with a funding guarantee to grow by at least three per cent per year.

Originally, the Liberals adjusted the private sector average forecasts (lower real and nominal GDP and increased interest rates).

Nominal interest rates (bills) averaged 4.1 % for a real average interest rate of 0.9 %.

This is the difference between the 5 - year nominal treasury yield and the 5 - year TIPs yield and is suppose to reflect treasury market's forecast for the average annual inflation rate over the next five years.

«Nominal EERs are calculated as geometric weighted averages of bilateral exchange rates.

BIS says: «Nominal EERs are calculated as geometric weighted averages of bilateral exchange rates.

(a) Average of nominal interest rates on outstanding loans (fixed and variable); pre terms of trade boom average is 1993/94 — 2002/03; year - ended observation is the June quarter 2016 average (b) Consumer price data exclude interest charges prior to September quarter 1998 and deposit & loan facilities to June quarter 2011, and are adjusted for the tax changes of 1999 — 2000 (c) Pre terms of trade boom average is 1997/98 — Average of nominal interest rates on outstanding loans (fixed and variable); pre terms of trade boom average is 1993/94 — 2002/03; year - ended observation is the June quarter 2016 average (b) Consumer price data exclude interest charges prior to September quarter 1998 and deposit & loan facilities to June quarter 2011, and are adjusted for the tax changes of 1999 — 2000 (c) Pre terms of trade boom average is 1997/98 — average is 1993/94 — 2002/03; year - ended observation is the June quarter 2016 average (b) Consumer price data exclude interest charges prior to September quarter 1998 and deposit & loan facilities to June quarter 2011, and are adjusted for the tax changes of 1999 — 2000 (c) Pre terms of trade boom average is 1997/98 — average (b) Consumer price data exclude interest charges prior to September quarter 1998 and deposit & loan facilities to June quarter 2011, and are adjusted for the tax changes of 1999 — 2000 (c) Pre terms of trade boom average is 1997/98 — average is 1997/98 — 2002/03

If I assume a dividend growth rate of 6 percent (about the long - run average *), the current S&P 500 dividend yield of 2.1 percent (from multpl.com), a terminal S&P 500 dividend yield of 4 percent (Hussman says that the dividend yield on stocks has historically averaged about 4 percent), the expected nominal return over ten years is 2.4 percent annually.

This is a percentage point lower than average potential growth in the decade prior to the crisis... We estimate that the real neutral policy rate is currently in the range of 1 to 2 per cent... This translates into a nominal neutral policy rate of 3 to 4 per cent, down from a range of 4 1/2 to 5 1/2 per cent in the period prior to the crisis.»

2 Average of nominal interest rates on outstanding loans (fixed and variable).

In that case the economy would need to slow two full percentage points, to a nominal growth rate of 3.6 %, to match the longer - term average.

A stable ratio of credit to GDP would require that they both grow at the same rate, but international evidence suggests that it is not unusual for credit to grow, on average, a little faster than nominal GDP.

During this period, a smoothed average of nominal growth explains almost 60 % of the variation in long - term rates (see the chart below).

The nominal and real cash rates are now both close to their average levels of the past decade.

By historical standards, 2 percent is a small pay hike on a nominal basis — although, as noted, it is still ahead of the current and recent average inflation rate.

The company's nominal rate and APR were both no better than average, with the big banks providing better numbers in more than one instance.

If I assume a dividend growth rate of 6 percent (about the long - run average *), the current S&P 500 dividend yield of 2.1 percent (from multpl.com), a terminal S&P 500 dividend yield of 4 percent (Hussman says that the dividend yield on stocks has historically averaged about 4 percent), the expected nominal return over ten years is 2.4 percent annually.

Also given the low growth, low inflation and low interest rate environment and the somewhat above average valuation numbers, one has to expect lower nominal returns from equities as compared to the past.

After accounting for inflation, there's a one - in - three chance that you won't get your investment back with a cash savings account, reports Betterment, because nominal cash interest rates have recently been averaging around 1 percent or less.

During the past century, the average rate of inflation was 3.3 percent per year, reducing the nominal 5 percent earnings growth rate to a real growth rate of just 1.7 percent.

In that case the economy would need to slow two full percentage points, to a nominal growth rate of 3.6 %, to match the longer - term average.

Dividend Growth to the Rescue Since inflation averages around 3.0 % per year, the required nominal dividend growth rates are 4.0 % and 5.5 %.