Sentences with phrase «basis point rate cut»

A 25 basis point rate cut during last week is the turning point in the interest rate cycle.

Think of it this way, US Dollar LIBOR has only incorporated 16 basis points of the 50 basis point rate cut, measured from the equilibrium level that existed previous to the latest crisis in 2007.

Not exact matches

The SNB also cut interest rates deeper into negative territory, by 50 basis points to negative 0.75 percent, in an effort to help cushion the blow.

Australian shares were down 0.6 % after the Reserve Bank of Australia's policy board decided to cut its benchmark interest rate by 25 basis points to an all - time low of 1.50 %, as expected.

The RBI is set to announce its monetary policy decision later Tuesday, with the market forecasting a 25 basis points cut in policy rates.

The faster - than - anticipated closing of Canada's output gap in 2017 drove the BoC to raise rates twice this summer, fully reversing the 50 basis points of emergency cuts introduced in 2015.

In Asia, the Reserve Bank of India (RBI) cut its key repo rate by 25 basis points to 7.75 percent on January 15, more than two weeks before its scheduled meeting, catching markets by surprise.

(Much of this impression comes from his very first interest rate decision as Governor in March 2008: a surprise cut of 50 basis points in the overnight rate on the basis of the U.S. outlook.)

Historically, the Fed has responded to recession by cutting rates substantially, with the benchmark funds rate falling by 400 basis points or more in the context of downturns over the past two generations.

The completely unexpected decision by the Bank of Canada to cut the bank rate by 25 basis points was a clear indication that the Bank is concerned about Canada's economic prospects.

History suggests that when recession comes it is necessary to cut rates more than 300 basis points.

Amongst other emerging market economies, the only significant policy moves were in Brazil, where rates were cut by a further 50 basis points to 16 per cent, and Turkey, which cut rates by a total of 4 percentage points, to 22 per cent.

The Bank of Canada has cut its policy rate by a cumulative 75 basis points so far this year (in three moves) to 2 per cent, against a background of weak GDP growth and subdued inflation.

Similarly, the Swedish Riksbank has cut its policy rate by a total of 75 basis points (in two steps) to 2 per cent, in the face of a larger - than - expected fall in inflation.

In order to support domestic demand, the Bank of Korea cut its policy rate by a further 25 basis points in November, to 3.25 per cent.

Cutting the interest rate by 10 basis points to 0.05 % and dropping the deposit rate to minus 0.2 %, in my view, shows the ECB has done everything it can on interest rates.

In cases since 1960 where the slope of the yield curve was inverted, 10 - year bond yields actually rose following the Fed's first rate cut - an average of 43 basis points over the next 12 months and 15 basis points over the next 18 months.

On average, the Fed has cut interest rates by 500 basis points during recessions.

Given an absence of inflationary pressures and weak economic conditions, the ECB cut its key policy rate by 50 basis points to 2 per cent in June.

Against this background, the Reserve Bank of New Zealand cut official interest rates by 25 basis points in both June and July to 5.0 per cent.

This was reinforced later in June by economic data which showed that the economy was not deteriorating further and by the Fed's decision to cut official interest rates by 25 basis points rather than the 50 basis points that had been widely anticipated.

Other central banks to ease included the Bank of Canada which cut its policy rate by 25 basis points in July to 3.0 per cent, and the Reserve Bank of New Zealand, which cut a further 25 basis points to 5.00 per cent in July, after similar - sized cuts in April and June.

Citing weak external demand and the prospect of below - trend growth, the Bank of England cut official interest rates by 25 basis points in July.

The bank rate in Canada is currently 0.5 % and consensus is calling for a rate cut of 25 basis points to 0.25 %.

At his press conference, Draghi confirmed a cut of 10 basis points (0.10 %) to the already negative deposit rate, taking it to -0.30 %, which is a move that I don't consider material, but merely keeping up the pressure on banks to lend more.

«Rates are of course extraordinarily low,» Poloz said, adding the bank cut rates by 50 basis points in 2015 to counteract the effects of the oil price sRates are of course extraordinarily low,» Poloz said, adding the bank cut rates by 50 basis points in 2015 to counteract the effects of the oil price srates by 50 basis points in 2015 to counteract the effects of the oil price shock.

However, in November 2008 when the global economic crisis led to an unprecedented 1.5 percentage points cut in the base rate, banks such as HBOS, Lloyd's TSB and Abbey all passed on the full 1.5 % cut to borrowers with standard variable rate (SVR) mortgages.

The Monetary Policy Committee (MPC) of the Bank of Ghana (BoG) has, in a surprise move, cut its key benchmark interest rate by 200 basis points from 25.5 per cent to 23.5 per cent, citing downward trends in inflation.

In the very short - term, the 200 basis points cut in the policy rate is expected to immediately knock the policy rate, now at 23.5 per cent, below the inter-bank interest rate which is currently at 25.2 per cent.

«This, therefore, underpins the BoG's decision to cut the policy rate by 200 basis points to 23.5 per cent in order to stimulate credit expansion and economic growth,» he added.

The South African firm in its outlook for the coming year predicts that the central bank will follow through its rate cut which started last month when the rate was cut by 50 basis points, taking it to 25.5 percent.

This is superior to an approach based on performance levels or proficiency rates in that it rewards increases in performance all along the distribution (rather than just around the cut points).»

while I see at the end of article below update: «Latest News (04 - October - 2016): RBI cuts Repo Rate by 25 basis points to 6.25 % and keeps CRR unchanged.

You might have observed that RBI has cut interest rates to the tune of 125 basis points in this fiscal year.

Latest News (05 - April - 2016): RBI cuts Repo Rate & SLR by 25 basis points.

ICICI Bank cuts its MCLR based lending rate by 5 basis points and the bank's new one - year MCLR is at 9.05 % with effective from 1st October, 2016.

Dear Pradeep, We can't say there is «no need» to reduce the base rate, because the difference of basis points between the RBI rate cuts & banks lending rate cuts is surely in the rage of 50 to 60 basis points.

For example, let's say the word on the street is the Fed is going to cut interest rates by 50 basis points at its next meeting, but the Fed announces a drop of only 25 basis points.

According to Fannie Mae, cutting your mortgage from 71 percent LTV to 70 percent could drop your rate by 125 basis points (0.125 %).

In addition to earnings news last week, the Fed announced a cut in its target rate of 25 basis points.

The Bank of Canada cut its overnight rate target by 25 basis points to an historically low 0.5 percent today.

In cases since 1960 where the slope of the yield curve was inverted, 10 - year bond yields actually rose following the Fed's first rate cut - an average of 43 basis points over the next 12 months and 15 basis points over the next 18 months.

(Don't forget that the banks only reduced prime rate by 10 or 15 basis points during the last two interest rates cuts in 2015.)

TD Bank last month cut its five - year variable closed rate offering for new and renewed mortgages earlier this month to 2.85 % which is 75 basis points less than its prime rate.

NEW DELHI: «The Reserve Bank of India (RBI) on Tuesday cut the short - term lending rate, or repo rate, by 25 basis points to 6.25 per cent from 6.50 per cent earlier.

In the previous month, SBI had cut down the interest rate on deposits below 1 crore Rupees by 25 basis points.

The Fed is going to be on the sidelines until mid-year 2004 after cutting rates at its June 2003 meeting by another 25 basis points.

The Monetary Policy Committee yesterday announced that interest rates would be cut by 25 basis points.

Long - term interest rates, like the yield on 10 - year U.S. Treasury bonds, had already risen by about 100 basis points in November, as the financial markets responded to the victory of President - elect Donald Trump, and his promises of tax cuts and a $ 1 trillion infrastructure program.

(Don't forget that the banks only reduced prime rate by 10 or 15 basis points during the last two interest rates cuts in 2015.)