Sentences with phrase «by the interest rate backdrop»

Not exact matches

Against this backdrop, the Federal Reserve has continued the process of normalising interest rates, lifting the federal funds rate by 25 basis points at each of its last six meetings, to 2.5 per cent in February.

For another example, a 1 % decline in inflation expectations would not result in a more bearish backdrop for gold if it were accompanied by a decline of more than 1 % in the nominal interest rate.

For example, a 2 % rise in inflation expectations would only result in a more bullish backdrop for gold if it were accompanied by a rise of less than 2 % in the nominal interest rate.