Sentences with phrase «by a quarter point in»

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 UIn 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 Uin the first quarter of the year in the Uin 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.
a b c d e f g h i j k l m n o p q r s t u v w x y z