Sentences with phrase «cent inflation»

It's 16 times more likely that you'll be at the zero lower bound with a zero per cent inflation target, versus a two per cent target.

The next mandate will essentially be the same as the existing two per cent inflation target, with perhaps some additional language about the importance of financial market stability.

This would imply a slower return to full economic capacity and sustainable 2 per cent inflation.

Canada wasn't the focus of the panel discussion the governor was participating in, but Carney did hint, in passing, that the BoC is willing to put up with higher than two per cent inflation in order to avoid hurting highly indebted Canadian households by raising interest rates too quickly.

When grafted to what Acting President Yemi Osinbajo reports as 17.24 per cent inflation rate, (the NBS says it is 16.25), you'll see that the CBN's foreign exchange intervention is mere crocodile tears.

With the quantum devaluation of the naira, from N199 to the dollar, to N305, the CBN inflicted additional 33 per cent inflation on the economy.

We have learned that the interest rates associated with 2 per cent inflation leave very little room to manoeuvre in response to large shocks.

This leaves considerable monetary stimulus in place, consistent with achieving the 2 per cent inflation target in an environment of significant excess supply in Canada.

Angela Eagle MP, shadow chief secretary to the Treasury, said in response to the four per cent inflation rate:

In our March statement we indicated that our current monetary policy stance remained appropriate to achieve our 2 per cent inflation target on a sustainable basis by around the middle of 2018, whereas US authorities have now begun to tighten.

Further, over 60 per cent of the «core» Consumer Price Index that excludes more volatile items is posting gains of 1.5 per cent or more and one - third of the basket exceeds the Bank of Canada's 2 per cent inflation target.

Only British Columbia, with 2.1 per cent inflation, and Ontario, with 1.8 per cent inflation, saw bigger year - over-year price increases.

For the past quarter century, the Bank of Canada has had the responsibility of using monetary policy to achieve low, stable and predictable inflation, a goal cemented in our 2 per cent inflation target.

Our job's to get two per cent inflation, our job's to ensure that Canadians don't have to worry about inflation — they've got lots of other things to worry about — and we'll continue to do that job.

Thus, the period where the Australian economy was experiencing a contractionary impact from abroad and where the outlook was for weaker growth and sub-2 per cent inflation has now well and truly passed.

Using the March 2013 Budget fiscal projections to 2017 - 18 and assuming that nominal GDP grows on average by 4 per cent per year — 2 per cent real growth and 2 per cent inflation — the target could be achieved in 2020 - 21, assuming no growth in federal debt post 2017 - 18.

The Bank of Canada has already raised interest rates three times since July, but the benchmark rate is still three - quarters of a percentage point below the 2 - per - cent inflation target.

Instead, he needs to focus on the Bank of Canada's 2 per cent inflation target and accept whatever exchange rate results from the existing combination of market forces.

In a statement after the end of the two - day policy meeting, the central bank said, «The stance of monetary policy remains accommodative, thereby supporting strong labour market conditions and a sustained return to 2 per cent inflation.»

The Fed has committed itself to a symmetric 2 per cent inflation target and inflation has been below 2 per cent for eight years.

Like most major central banks, the Fed has put its price stability objective into practice by adopting a 2 per cent inflation target.

Wage increases under enterprise bargaining continue to be in the 4 to 5 per cent range, figures which appear high in a climate of 2 per cent inflation and 8 1/2 per cent unemployment.

This will hit the poorest by far the hardest: three per cent inflation would see the poorest lose 3.3 % of their disposable income, compared with 1.6 % for the best - off.

Gordon Brown has insisted all public sector pay deals must be in line with the government's two per cent inflation target.

All annuity payments are based on a conservative 2 per cent growth rate after estimated 3 per cent inflation.

If she saves that sum for five years, then with 6 per cent growth less 3 per cent inflation, it would become $ 54,790 in 2018 dollars, and her total savings would grow to $ 323,760.

It is not tax - efficient for Ellen to make RRSP contributions, but if Ralph does continue to make RRSP contributions of seven per cent of present salary, then present RRSP and LIRA balances of $ 486,800 would, with a 3 per cent average annual return after 3 per cent inflation, increase to $ 821,600.

This is consistent with achieving the 2 per cent inflation target in an environment of significant excess supply in Canada.

Federal government officials testifying before the Canadian Human Rights Tribunal confirmed that federal government internal documents dated 2012 indicate that the funding shortfall for First Nations Child and Family Services was 108.13 million per annum plus three per cent inflation.

«While some modest withdrawal of monetary policy stimulus will likely be required over time, consistent with achieving a two per cent inflation target, the more muted inflation outlook and the beginnings of a more constructive evolution of the imbalances in the housing sector suggest that the timing of any such withdrawal is less imminent than previously anticipated.»

If they remain at current levels, the BoC will have to think seriously about lowering its overnight rate, not raising it, to achieve a two - per - cent inflation target over the medium term.