Sentences with phrase «bank kept interest rates low»

On November 11, South Korea's central bank kept interest rates low in reaction to this growing uncertainty.

For example, the double - digit inflation of the 1970's was caused by banks keeping interest rates low in an attempt to stimulate a weak economy, at a time when imported inflation from the oil shock was high (leading to stagflation).

Not exact matches

Before Yellen addressed the Economic Club of Washington, her counterparts in Ottawa released their latest policy statement, in which Canada's central bank said it was keeping its benchmark interest rate at 0.5 %, a quarter - point shy of the lowest level ever.

By keeping interest rates artificially low, through a program called quantitative easing, the central bank tried to mitigate the negative effects of the recession by promoting investment in other asset classes.

The British pound skewed lower Thursday after the Bank of England announced it was keeping its interest rates unchanged and raised its growth forecasts.

The Polish central bank announced Wednesday it kept its benchmark interest rate unchanged at a record low of 1.5 percent.

European markets continued lower Thursday as investors reacted to the European Central Bank keeping interest rates unchanged.

There's every reason to remain doubtful about the Bank of Canada's ability to keep interest rates low in the face of rising home prices.

HALIFAX — The loonie fell sharply Tuesday after Bank of Canada governor Stephen Poloz delivered a gloomy speech saying slow economic growth is probably the new norm, requiring central bankers to keep interest rates low during a long period of stagnation.

The most important policy action for mitigating the damage of a recession is for the central bank to keep interest rates low, according to the respondents, followed by increasing spending on transportation and other infrastructure projects.

This morning, the European Central Bank kept interest rates unchanged at record lows, as expected, but European markets could take another turn depending on what happens when European Central Bank president Mario Draghi takes questions later this morning.

«Pension plans since the financial crisis have been in pretty rough shape because interest rates were held down by all the — I won't call it manipulation — but all the activities by the central banks to keep interest rates low and to spread growth,» he says.

According to a brochure published for the benefit of the British public, «the Bank sets the official interest rate — Bank Rate — to keep inflation low.&rarate — Bank Rate — to keep inflation low.&raRate — to keep inflation low.»

The central bank has been under some criticism from bank managers for keeping interest rates too low for a long time.

Yields in the $ 14 trillion market for U.S. government debt touched record lows in 2016, driven by years of aggressive central bank intervention in the wake of the 2008 - 2009 financial crisis to keep interest rates low to stimulate the economy.

OTTAWA — The Bank of Canada says it will likely have to keep interest rates low for longer than it expected in the face of a surprisingly weak economy.

But inflation has remained in check, long enough to prompt central banks to keep interest rates lower for longer.

The efforts of central banks to stimulate activity through monetary measures has succeeded in keeping interest rates very low, but have not resulted in any significant uptick in real economic activity.

The decade since the global financial crisis has seen widespread central bank intervention in markets to keep interest rates low.

The Reserve Bank of Australia on Tuesday decided to keep its interest rates unchanged at 1.5 percent — a record low — and said it expects the Aussie economy to grow around 3 percent a year over the next few years.

Toward debtor countries American diplomats work through the World Bank and IMF to demand that debtors raise their interest rates and impose taxes and austerity programs to keep their wages low, sell off their public domain to pay their foreign debts, and deregulate their economy so as to enable foreign investors to privatize local electricity, telephone services and other infrastructure formerly provided at subsidized rates to help these economies grow.

OTTAWA — The Bank of Canada says it will need to keep interest rates at current, stimulative low levels for some time to come, although it had some good news

Whereas in most markets an increase in short - selling puts pressure on the lending market and pushes up the interest rate at which short - sellers can borrow the underlying stock, the ready supply of gold loans from central banks seeking to earn some return on their gold holdings has, until recently, helped to keep lease rates low, generally in the range of 1 — 2 per cent (Graph B3).

Continuing Low Rates Risks Bigger Asset «Bubble» US Federal Reserve Bank of St. Louis President James Bullard, 54 anni, warns that keeping interest rates near Zero risks inflating asset - price bubbles, saying officials should raise borrowing costs this year as the economy imprRates Risks Bigger Asset «Bubble» US Federal Reserve Bank of St. Louis President James Bullard, 54 anni, warns that keeping interest rates near Zero risks inflating asset - price bubbles, saying officials should raise borrowing costs this year as the economy imprrates near Zero risks inflating asset - price bubbles, saying officials should raise borrowing costs this year as the economy improves.

Mark Carney, governor of the Bank of England, has kept the bank's main interest rate at a record low of 0.25 per cent as the economy weakens ahead of Britain's departure from the European UnBank of England, has kept the bank's main interest rate at a record low of 0.25 per cent as the economy weakens ahead of Britain's departure from the European Unbank's main interest rate at a record low of 0.25 per cent as the economy weakens ahead of Britain's departure from the European Union.

Some economists have argued, for example, that if a central bank keeps real interest rates low (but positive) over the long term and allows for moderate inflation, a country with its own currency can increase spending very substantially over the long term without increasing taxes. PEF Blogger, Arun Dubois, has blogged extensively about some of these other perspectives.

The European Central Bank decided yesterday to keep its interest rates at a record low.

The ultimate question then is what kept central bank interest rates so low?

Even if the Bank of Japan did keep real and nominal interest rates low after the country returned to inflation, the old «deflationary equilibrium» would be broken.

What everyone most wants to know is when the Fed is going to start tapering off its bond - buying program (called Quantitative Easing), which has flooded the banking system with money for the past five years and kept interest rates abnormally low.

The Bank of Japan (BOJ) has voted to keep its trend - setting interest rate at record lows, as policymakers continue to rely on record stimulus to keep the economy humming.

The Bank of Japan (BOJ) has voted to keep its trend - setting interest rate at record lows, as policymakers continue to rely on record stimulus to keep...

Yields followed their UK counterparts lower on Thursday after the Bank of England kept interest rates unchanged.

Since the 1990's, the central bank of Japan (Nippon ginkō) has kept the interest rates low in an effort to promote economic growth.

The Conservatives have pledged to keep interest rates low, even if it is at the discretion of the MPC in the Bank of England, not the government, to decide on levels.

Ordinarily a central bank (such as the Bank of England) will lower interest rates in order to encourage greater lending and spending and keep inflation on trbank (such as the Bank of England) will lower interest rates in order to encourage greater lending and spending and keep inflation on trBank of England) will lower interest rates in order to encourage greater lending and spending and keep inflation on track.

First, we will help the Bank of England keep interest rates at record lows while the economy is weak.

We will make the most of this flexibility to drive the strong deficit reduction programme, and secure the strong banks that will be necessary to keep interest rates low.

She has actively supported legislation to keep student loan interest rates low including the Student Loan Relief Act of 2013 and the Bank on Students Emergency Loan Refinancing Act.

He supported the Bank on Students Emergency Loan Refinancing Act which shows his desire to keep interest rates low.

New Mexican Senator Heinrich supports keeping student loan interest rates low; for instance, he cosponsored the Bank on Students Emergency Loan Refinancing Act.

In the short term the massive money printing by the Fed & other central banks will likely continue to support the stock market, keep interest rates low, and sustain investor and consumer confidence.

In addition, it aims to keep long - term interest rates relatively low, and since 2009 has served as a bank regulator.

PNC mortgages don't really offer lower fees or interest rates, but the bank's online tools help you keep track of your loan and stay in touch with loan officers and realtors.

Canada's big five banks will likely report record earnings in 2014, as low interest rates keep fueling loan demand.

Because the federal government has kept interest rates for the federal bank at record low levels, banks are offering mortgage rates at record low levels.

And they don't understand why because the media keeps talking about the fact that we're still in this low interest rate environment and the Bank of Canada rate hasn't changed so why is the bank's rate changBank of Canada rate hasn't changed so why is the bank's rate changbank's rate changing?

And we all know that the phenomenon of «financial repression» practiced by the world's central banks has conspired to keep interest rates low for the foreseeable future, which makes counting on highly taxed interest income from fixed - income investments equally dodgy.

The stock market has also been fuelled in recent years by the flood in cheap money made available by central banks, which helped keep interest rates low.

To avoid getting sucked down into low - interest - rate doldrums, keep your bank account fresh.