Sentences with phrase «by a quarter of a percentage point»

The central bank cut its target for the overnight rate by a quarter of a percentage point to 0.5 per cent.

But since 2015, it has gradually raised rates by a quarter of a percentage point four times.

The People's Bank of China cut rates by a quarter of a percentage point nearly four months after the last reduction.

The last time the U.S. went through a partial government paralysis in 1995 - 1996 — for roughly three weeks in two separate instances — economic growth slowed by a quarter of a percentage point during the last three months of 1995.

The country's biggest banks raised their prime rates after the Bank of Canada hiked its overnight lending rate earlier this month by a quarter of a percentage point to 1.25 per cent.

Fed officials raised interest rates by a quarter of a percentage point at their most recent meeting, in March, to a range of 1.5 percent to 1.75 percent.

TD's prime rate had been at 2.7 per cent since July 2015 when it was cut in the wake of a decision by the Bank of Canada to reduce its overnight rate target by a quarter of a percentage point to 0.5 per cent.

Bank of Canada unexpectedly cut the rate in January by a quarter of a percentage point as what it called «insurance» to cushion the impact of the drop in oil prices on the economy.

TORONTO — Canada's biggest banks will hike their prime rate by a quarter of a percentage point on Thursday, putting financial pressure on homeowners with variable rate mortgages.

The Bank of Canada cut interest rates by a quarter of a percentage point twice in 2015 to help the economy deal with a plunge in oil prices, but it said Wednesday that adjustment has been made.

On Dec. 27, the Department of Housing and Urban Development announced that premium rates for mortgage insurance on loans backed by the Federal Housing Administration would drop by a quarter of a percentage point, bringing them in line with what rates were before the housing crash.

«The Fed's decision to raise interest rates by a quarter of a percentage point puts the federal funds rate at its highest level since 2008.

At the hearing, Carson also said he wasn't briefed by the Obama administration before its decision on Monday to cut premiums the FHA charges by a quarter of a percentage point.

The Federal Reserve raised short - term interest rates by a quarter of a percentage point today.

The Federal Housing Administration had planned to cut its annual fee for most borrowers by a quarter of a percentage point to 0.60 percent, effective on Jan. 27.

Feb 02, 2017 In December 2015, the Federal Reserve raised the federal funds rate by a quarter of a percentage point.

Perhaps the most significant influence on the stock market in January was a decision by the U.S. Federal Reserve to hike its federal funds rate on December 16 by a quarter of a percentage point to a range of.25 % to.50 %, the first hike in nearly a decade.

The Bank of Canada announced this morning that it is dropping its target interest rate by a quarter of a percentage point to 0.75 %.

Just like it did a year ago, the Federal Reserve on Wednesday sent its key short - term interest rate up by a quarter of a percentage point.

The Federal Open Market Committee has raised its key interest rate by a quarter of a percentage point, in its attempt to leave zero rates behind.

After increasing the underlying cost of borrowing three times in 2007, the MPC finished the year by cutting the 5.75 per cent base rate by a quarter of a percentage point.

On the day of the interview with Thompson, buying a point on a fixed - rate loan lowered the rate by a quarter of a percentage point.

Perhaps the most significant influence on the stock market in January was a decision by the U.S. Federal Reserve to hike its federal funds rate on December 16 by a quarter of a percentage point to a range of.25 % to.50 %, the first hike in nearly a decade.

After seven years of very low interest rates, the Bank of Canada raised its key interest rate by another quarter of a percentage point, up to 1 per cent from 0.75 per cent.

After seven years of very low interest rates, the Bank of Canada raised its key interest rate by another quarter of a percentage point, up to 1 % from 0.75 % this month.