Sentences with phrase «bank said the level»

Not exact matches

Debt levels for the average Canadian household are moving down (perhaps we've been taking those warnings from the Bank of Canada to heart), and as a result there's been «modest» growth in consumer spending, said Ferley.

«Provided the Fed conveys a steady - as - she - goes approach and it isn't seen to be back tracking - and there is no reason from the data why it should - the dollar should be consolidating and pushing on from this level,» said Bank of New York Mellon senior currency strategist Neil Mellor.

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.

While the high level of existing debt means rate hikes will have a stronger impact in cooling demand than they did in previous years, it is still too soon to know just how much of an effect the bank's three rate hikes have had, Poloz said.

YELLOWKNIFE, Northwest Territories, May 1 - Bank of Canada Governor Stephen Poloz said on Tuesday that the view of the Canadian economy is quite good despite record levels of household debt, and he was confident the central bank can manage the risk of that debt even as interest rates rBank of Canada Governor Stephen Poloz said on Tuesday that the view of the Canadian economy is quite good despite record levels of household debt, and he was confident the central bank can manage the risk of that debt even as interest rates rbank can manage the risk of that debt even as interest rates rise.

While the BoJ has argued that central bank asset purchases would not work in the absence of structural reforms, strategists said that high government debt levels will constrain fiscal expansion.

These lead to «higher levels of uncertainty and lower growth GBP,» the bank said.

«This should be coupled with maintaining the fiscal adjustment to reduce the level of budget deficit, reforming the banking system, especially banks who are facing difficulties, and allow the private sector to grow,» Azour said.

The central bank found that 39 % of respondents said they planned to increase investment over the next 12 months, while 32 % said they expected little change from current levels and 30 % predicted a decline.

He says the actions of central banks «attempting to spark economic growth» are «severely punishing the world's savers and creating incentives to reach for yield, pushing investors into less liquid asset classes and increased levels of risk, with potentially dangerous financial and economic consequences.»

Mr Dawson said the fund was relying on bank balance improvements in the 2012 - 13 financial year to enable it to continue funding subsidies at the current level.

The system will also be able to register how many times a pedestrian has violated traffic rules in the city and once this number reaches a certain level, it will affect the offender's social credit score which in turn may limit their ability to take out loans from banks, Wang said.

The Ukrainian central bank said Tuesday that an «unknown virus» was the culprit of attacks leveled against it.

«How banks feel that they're going to achieve above - average growth levels by pursuing capital intensive strategies in a market that is as slow as the Canadian market is a mystery to us,» says Brad Smith, an analyst with Stonecap Securities in Toronto, who has an Underperform rating on the stock.

Pinto said in his presentation that the bank spends a lot of time discussing the appropriate level of risk it should run.

There's a level of transparency that banks must now obey, Cramer said, adding that U.S. lenders and their balance sheets are currently «better off» than they were 10 years ago.

Consequently, the pool of talent created at the local community, school and university levels, leaves much to be desired both in terms of size and quality,» said Arun Navaratna, senior economist at Australia New Zealand Bank (ANZ).

Yes, the Swiss National Bank's euro purchases have increased its reserves, but the levels are manageable, the strategists say.

It felt free to issue such an advisory, the central bank said, in part because it was less worried about those record levels of consumer debt and the housing market, both of which economists have said appear to be moderating.

Possible reasons for the increased lending activity include lower levels of regulation at smaller banks than at their larger counterparts, recent movement of lending staffers from large banks to small banks and an increased willingness of smaller banks to take on credit and interest risk, the report says.

Any number of shocks could send Canada's house of cards tumbling, the bank says, particularly higher borrowing costs that pinches households already carrying record high levels of debt.

Risks in so - called shadow banking have somewhat eased, while non-performing loans are still at a relatively low level, the central bank said.

Yet the challenge for launching new bank ventures remains high, and some say the level of regulatory scrutiny following the crisis is still burdensome for applicants.

For starters, a rate - hike in March by the U.S. Fed is completely off the table, says Timmer, who expects the central bank will also signal that it intends to hold at this level for some time.

Rebecca Schreiber, a Certified Financial Planner in Silver Spring, Md., says the key is to determine your comfort level with a bank, rather than focusing on the institution's size.

In a note this week, Deutsche Bank strategists said they would lift their 2018 European earnings growth forecast to seven percent from 4.5 percent should the euro fade back to end - 2017 levels.

The bank said it benefited from «higher levels of client activity» during the quarter.

Investors hedging against a sharp fall in equity markets in the coming 12 weeks has also reached its highest level since the onset of the global financial crisis, the bank said.

Deputy central bank governor, Zhang Xiaohui, says yuan is close to «market levels» after two days of declines

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

It is clear that for Indian IT vendors, demand for traditional outsourcing, meaning routine software and application development and maintenance, is already levelling off, says Pankaj Kapoor, an equity analyst at Standard Chartered Bank in Mumbai.

Stumpf, however, did not seem to express regret for how he handled those initial weeks after the bank was fined, including where he initially levied most of the blame on low - level employees for the sales practices problems instead of management, said Stuart Baskin, lawyer with Shearman & Sterling, the firm that the board hired to investigate the sales scandal.

European Central Bank head Mario Draghi says the eurozone economy still needs abundant stimulus to raise inflation to more normal levels even in the midst of a strengthening recovery.

China's top five banks said on Friday they have raised deposit rates to 3.5 percent, above the benchmark level, less than a day after China took a step towards liberalising its interest rate market.

Paul Ferley, economist at Royal Bank of Canada, said the newly revised debt levels are close to the peak witnessed in the U.S. at the height of the subprime mortgage crisis.

From the perspective of someone interested in making investments with 20 + year holding periods in mind, you need to be careful of owning banks because of the debt to equity levels involved in the investment, you need to be wary of technology companies because they must constantly be innovating to remain profitable and relevant (unlike, say, Hershey, which could stick with its business model of selling chocolate bars for the next century), and retail stocks which are always subject to the risk of a new low - cost carrier arriving on the block.

We have a rule which says we can't accept bonds below a certain threshold, explains Mr Draghi, but the ECB decided that if some conditions are in place, then the bank can expect the bonds will be rated above this level.

A 2010 consent order with bank regulators has precluded Harbor from making dividend payments so the banking company can use that money instead to raise its capital levels, Haskins said.

Yet Reid says the figures probably understate the actual level of financial stress experienced by local families because banks are still doing everything they can to avoid foreclosing on a property, a cumbersome and costly process.

But he said the bank «doesn't target a level» for exchange rates.

«Thus, it would be prudent to accompany any consideration of material adjustments to the calibration of the structural buffers held by the large banking institutions with compensating adjustments to the countercyclical buffer in order to achieve the same overall level of resilience through the cycle,» she said at an event hosted by the Securities Industry and Financial Markets Association.

«H.R. 3299 would go much further to allow other third - parties, including payday lenders, to evade or outright disregard state - level laws, and collect debt from borrowers at unreasonably high rates of interest if they purchase loans from a national bank,» said Ms. Waters.

Consider here what motivated the banks in the first place: a great amount of their assets turned out to be worthless (the famous «toxic» assets) when the bust hit in 2008, and they found it difficult to maintain minimum capital ratios; their deposit liabilities of course remained the same, and initially the level of non-borrowed bank reserves went deeply into negative territory (this is to say, they were forced to borrow directly from the Fed's discount window during this time).

The bank said revenue grew seven per cent to $ 5.55 billion, due to rising loan and deposit volumes, «strong» levels of client trading, and a growing wealth business.

The Fed said it is restricting the bank's assets to the level where they stood at the end of last year until it can demonstrate that it has improved its internal controls.

The bank said this movement has left prices at a level that buyers can live with and that will soon stabilise milk production, but not encourage too much of it.

Earlier this year, Silicon Valley Bank's (SVB) 2018 State of the Wine Industry Report said that US, specifically, had experienced a boom in wine sales over the past two decades, that growth was now levelling off and reaching the end of a 20 - year growth period.

«While the season ahead will undoubtedly be difficult for dairy farmers, the bank is firmly of the view that prices will recover to more sustainable levels over the medium term,» he said.

If we put the proceeds in the bank, don't sell him, if we use the proceeds to up - level from a Janssen project striker to a Lukaku or better option, then I say good trade.

• On Holocaust Memorial Day in January 2013, he said: «I am saddened that the Jews, who suffered unbelievable levels of persecution during the Holocaust, could within a few years of liberation from the death camps be inflicting atrocities on Palestinians in the new State of Israel and continue to do so on a daily basis in the West Bank and Gaza».