Sentences with phrase «basis points cut»

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.
The RBI is set to announce its monetary policy decision later Tuesday, with the market forecasting a 25 basis points cut in policy rates.
However, Thursday's 25 basis point cut from the Reserve Bank of New Zealand (RBNZ) looked weak compared with the Bank of England's 50 basis point cut and 100 billion pound fund to ensure the cut reaches households.
Off of Fed funds options, the odds of no change are 10 %, odds of a 25 basis point cut are 70 %, and the odds of a 50 basis point cut are 20 %.
My view of the Fed is that they want to drag their feet, because they see inflation rising, so even if Fed funds futures indicate a 75 basis point cut, my current view indicates 50 as more likely, again, with language in the statement that indicates even - handed risks.
3) There's been even more musing about the Fed 75 basis point cut, with a hint of more to come.

Not exact matches

Most of the homebuilders are U.S. - based, meaning they benefited from the tax cuts, are shielded from tariffs and could be helped by rising wages and higher labor participation, a largely overlooked data point in the Bureau of Labor Statistics» report.
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.
Last week, Bernstein analyst Toni Sacconaghi cut his fiscal - year earnings - per - share estimate for Apple based on his team's analysis of supply - chain companies that «increasingly point [ed] to weakness.»
Last week, Bernstein analyst Toni Sacconaghi cut his fiscal - year earnings - per - share estimate for Apple based on his team's analysis of supply chain companies that «increasingly point [ed] to weakness.»
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.
In February, RBC cut the MER on a number of its funds between 10 and 15 basis points.
Generally, 1,500 employees is the cut - off point for SBA consideration, but even establishments that have between 500 and 1,500 employees may not qualify as small businesses; in such instances the SBA bases its determination on a size standard for the specific industry in which the business under consideration operates.
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.
UBS bank analyst Brennan Hawken estimated at the time that a 25 % FICC cut could boost ROE by 125 basis points or more, if reinvested into other divisions of the firm.
(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.
Hungary's 10 - year notes climbed, cutting yields 23 basis points to 9.85 percent, the lowest close since Dec. 28, according to generic prices compiled by Bloomberg.
History suggests that when recession comes it is necessary to cut rates more than 300 basis points.
We expect a 25 - basis - point cut at the October 30 / 31st FOMC meeting, and another 25 - basis - point cut on December 11th.
To alleviate the slowdown and offset the liquidity drain due to continuing capital outflows the People's Bank of China, the central bank, undertook further easing measures, cutting the reserve requirement ratio by a further 50 basis points to 17 % and 15 % for large and small banks respectively at the beginning of March.
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.
Agree with both your points, 1) currency can cut both ways and 2) there are some great non US based companies to invest in.
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.
In the US, the Federal Open Market Committee (FOMC) cut the Fed funds target by 25 basis points to 1 per cent at its meeting in late 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.
That cut the spread with Treasuries to as little as 58 basis points, the lowest since Oct. 19.
«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 shock.
John B. Cobb makes a crucial point in this regard: «Since the actual decisions about the course of history are made on other grounds and on the basis of a situation that is not Christ - centered, one cuts oneself off from all that» (Occasional Papers, United Methodist Board of Higher Education and Ministry, 1:12, August 9, 1976, p. 6).
Mr Kierath said that if Woolworths cut the price of Select products by 10 per cent it would reduce food and liquor margins by 84 basis points to 6.57 per cent, cutting earnings before interest and tax by $ 388 million.
The first is the Traffic Light (TL) system, developed by the UK Food Standards Agency, where nutrients of greatest public health significance (total fat, saturated fat, sugar and sodium) are ranked and colour - coded as either high (red), medium (amber) or low (green), based on cut - points established by the European Regulation for Nutrition and Health Claims (Official Journal of the European Union, 2006).
I imagine we will also be drafting a RB at some point so If they don't pan out or Foreman and a rookie looks better than expected, we basically have the option to cut the vet or Miller based on the scenario and still have plenty of depth.
Studies were included if: (a) they were RCTs, (b) the population comprised parents / carers of children up to the age of 18 where at least 50 % had a conduct problem (defined using objective clinical criteria, the clinical cut - off point on a well validated behaviour scale or informal diagnostic criteria), (c) the intervention was a structured, repeatable (manualised) parenting programme (any theoretical basis, setting or mode of delivery) and (d) there was at least one standardised outcome measuring child behaviour.
It's been discredited no matter how much Laffer twists his argument (see: http://economistsview.typepad.com/economistsview/2008/01/the-new-laffer.html) Even if you argue it's still a misrepresentation of the Laffer Curve to automatically equate it with the New Right, Laffer himself can reasonably take some of the credit for that, having been closely aligned with the discredited economics of both the Nixon and Reagan adminstrations (see: http://www.newstatesman.com/books/2007/11/supply-side-economic-tax-rich) But the point is this: if Cameron decides to implement tax cuts on the basis of the Laffer Curve — in the belief that this will top up the government coffers - we're in trouble.
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.
«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.
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