The bets for an earlier shift receded after the latest inflation numbers, but there now is a consensus the Bank of Canada will raise its benchmark interest rate
by a quarter point in the autumn, probably October.
When the central bank increased its benchmark interest rate
by a quarter point in July, Governor Stephen Poloz said the next change would depend on incoming data.
Not exact matches
The underlying combined ratio of 95.5 % increased 1.1
points, primarily driven
by (i) loss cost trends that modestly exceeded earned pricing, the impact of which has been moderating
in recent
quarters, and (ii) normal quarterly variability
in both loss activity and expenses.
Gross domestic product contracted at an annual rate of 0.5 %
in the second
quarter and 0.8 %
in the first, which is exactly what the Bank of Canada predicted
in July when it dropped its policy rate
by a
quarter point.
The Thunder trailed the Magic
by 21
points with about five minutes to go
in the third
quarter.
Third
Point: The hedge fund run
by Daniel Loeb disclosed Thursday that it bought more than 45 million shares of Ally Financial (ALLY) during the second
quarter, giving Third
Point a 9.5 % stake
in the auto lender.
And it also means that bond market traders believe we're likely to see at least a
quarter point hike
in interest rates
by the middle of next year.
Economists at Macroeconomic Advisers boosted their forecast for fourth -
quarter economic growth
by three - tenths of a percentage
point to an annualized rate of 2.4 percent, on the «unexpected strength»
in consumer spending.
«Most retirement savers are accustomed to market volatility, but the swings
in the second
quarter were especially dramatic, including a 600 -
point drop followed
by a nearly 800 -
point increase,» Doug Fisher, Fidelity's senior vice president for workplace investing, said
in a statement.
This is the fifth
quarter in a row that global same - store sales have been positive, but the company has missed analyst expectations
in this metric
by 70 basis
points or more.
The rising rig count
points to further increases
in U.S. crude production
, which has already climbed by a quarter since mid-2016 to a record 10.54 million barrels per day (bpd).
This is all a guess, mind you, but I'd rather take the
points and hope than find myself
in the second
quarter hoping that Brian Hoyer and the Patriots second unit and win
by two touchdowns.
The pork shortage, along with the bad weather that afflicted the eastern half of the U.S. this winter, lowered Chipotle's comparable sales growth
by about 2 percentage
points to 10.4 %
in the first
quarter, below the 11.8 % analysts were projecting.
The damage and production shutdowns caused
by the wildfire that razed Fort McMurray could subtract more than a percentage
point from economic growth
in the second
quarter, the central bank said.
It was a volatile close to the third
quarter for the stock market, as evidenced
by the fact that the Dow fluctuated
by at least 100
points in either direction for five days
in a row last week.
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.
Deutsche Bank economists predict the curve will invert
in 2019 as the Fed keeps raising interest rates
by a
quarter percentage
point every
quarter, as markets expect.
The service problems had dragged down sales
by eight percentage
points in the
quarter, with three of those
points coming from lost sales due to rep annoyance, Jung said.
For example,
in «A Short History of the Income Tax,» John Steele Gordon
points out that the U.S. income tax act of 1913 was only 14 pages long;
by 1942, it had blossomed to 208 pages with over three -
quarters of them «devoted to closing or defining loopholes» that tax lawyers and accountants were using to «game the system.»
Even so, new projections released
by the Fed show that officials expect three
quarter -
point rate hikes next year, one more than was forecast
in the September projections.
The Lakers shot 27 free throws
in the fourth
quarter and scored 16 of their last 18
points at the free throw line to win
by four
points.
Yum Brands,
in reporting third -
quarter earnings, stated «foreign currency translation remains a strong headwind» and that it expected the exchange rate «to impact full - year earnings per share
by about 5 percentage
points.»
So if we can expect 3 more
quarter -
point hikes this year it would seem to make sense to stick to short - term CDs yielding around 2 % now and then look for a longer - term one at around 3.5 % at EOY, especially if one — I am
in this camp — thinks that
by EOY the odds of recession will have risen enough that further rate hikes
in 2019 will be looking doubtful.
Term - limited Florida Gov. Rick Scott (R), who announced Monday that he will seek the GOP nomination to challenge Nelson
in November, saw his net approval decline
by 4
points during the
quarter.
The U.S. central bank's monetary - policy committee raised benchmark borrowing costs
by a
quarter percentage
point to a range of 1.5 % to 1.75 %,
in Jerome Powell's first meeting as Fed chairman.
rose
by 3
points in the first
quarter, with 52 percent disapproving and 34 percent approving of his job performance.
Feb 02, 2017
In December 2015, the Federal Reserve raised the federal funds rate
by a
quarter of a percentage
point.
The increase
in hiring
by small businesses is an encouraging sign for the economy amid estimates that the 16 - day government shutdown could have sliced off as much as 0.6 percentage
point from fourth
quarter gross domestic product (GDP) growth.
Morgan Stanley's Delinquency Diffusion Index, an aggregate measurement of year - over-year increases
in the delinquency of several types of personal loans, stood at 19.2 (on a 100 -
point scale) for the first
quarter of 2016, up from its low
in October, 2014, driven
by increases
in auto loan and credit card delinquencies
in 2015 — but far below the 60 -
point threshold associated with a pre-recession state.
RBC's aggregate measure for housing affordability
in Canada rose
by 1.2 percentage
points in the second
quarter to 42.8 per cent, the biggest quarterly increase
in six years.
We estimate that the Alberta fires will reduce annualized growth
in the second
quarter by about 1.00 to 1.25 percentage
points.
Whenever the Fed decides to act, the initial rate increase will be small — a
quarter of a percentage
point — but it looms large psychologically because it will be the first increase
in short - term rates
by the Fed since June 2006.
Speaking
by phone from Montreal on Wednesday, economist Paul - Andre Pinsonnault predicted Governor Stephen Poloz will cut the policy rate
by a
quarter point to 0.25 percent next month, matching a record low set
in 2009 during the global financial crisis.
The most recent GDP release is a case
in point: the drag induced
by the drop
in inventories subtracted more than two percentage
points from the annualized fourth
quarter GDP growth rate.
In a recent set of data released by research firm comScore for the second quarter, RIM with its BlackBerry OS is revealed to have lost 1.6 percentage points from its 12.3 percent share in the first quarter of the year in the U
In a recent set of data released
by research firm comScore for the second
quarter, RIM with its BlackBerry OS is revealed to have lost 1.6 percentage
points from its 12.3 percent share
in the first quarter of the year in the U
in the first
quarter of the year
in the U
in the US.
is a case
in point: the drag induced
by the drop
in inventories subtracted more than two percentage
points from the annualized fourth
quarter GDP growth rate.
«Samsung's smartphone sales declined 8 percent
in the fourth
quarter of 2016 and its share dropped
by 2.9 percentage
points year on year.»
On a blended same - restaurant sales basis, results for Olive Garden, Red Lobster and LongHorn Steakhouse were down 1.9 %
in the fourth
quarter, which includes the adverse effect of an earlier Lenten season and Easter that impacted blended same - restaurant sales
by 40 basis
points.
Adjusted EBITDA margin improved
in the second
quarter by 550 basis
points to 26.8 %.
If the Bank doesn't see the output gap closing
in eight
quarters (
by mid-2017), at which
point it would assume that inflation is neatly around 2 %, then that's tantamount to admitting that the current degree of monetary stimulus is not sufficient to accomplish its mandate.
-LRB-...) the big driver was what the Bureau of Economic Analysis dubs motor vehicles -LRB-...), production of which hiked first -
quarter GDP
by 1.12 percentage
points, more than double the rise they provided
in last year's fourth
quarter.
While this turnover rate
in its customer base improved
by 12 basis
points in the
quarter, there's still a lot of work there left to do.
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.
In the last
quarter of 2000, basic material stocks rose 22 percent while tech stocks slid 33 percent, parting ways
by 55 percentage
points.
Compared to last
quarter, net income available to common shareholders increased 3 %, reflecting the combined positive impacts of 9 % higher other income and very strong loan growth, partially offset
by an eight basis
point reduction
in net interest margin.
According to the Federal Reserve Board's G. 19 Consumer Credit report, the total amount of consumer credit outstanding rose
by 5.2 percent (SAAR) over the 1st
quarter of 2017, 2.4 percentage
points less than the 6.6 percent rate of growth
in the 4th
quarter of 2016.
Short - term yields have risen
by about 15 basis
points from their December
quarter lows, as the market has again moved to price
in a possible monetary tightening, though not
in the immediate future.
Specifically, the BoC predicts that the impact of a 100 basis
point rise
in policy rates would peak after 5
quarters, at which
point it would lower GDP
by 0.6 %.
Segment Results North America VPG increased 5 percent to $ 3,255
in the fourth
quarter of 2014 from $ 3,103
in the fourth
quarter of 2013, driven mainly
by an increase
in the average number of
points purchased per contract and higher pricing.
In a statement ending its latest policy meeting, the Fed boosted its key short - term rate Wednesday
by a modest
quarter -
point to a still - low range of 1.5 percent to 1.75 percent.