Sentences with phrase «cent price expectations»

We want to be on — and stay on — the short - term Phillips curve associated with 2 — 3 per cent price expectations.

Not exact matches

Given the fragile nature of price expectations and the importance of getting actual inflation back towards 2 1/2 per cent relatively quickly to reinforce the stability of price expectations, the response of policy, even with the benefit of hindsight, seems about right (Graph 3).

Home resales were already on a downward track before the British Columbia government introduced a 15 per cent tax on home purchases by foreign nationals in Metro Vancouver, and area resales could see further significant weakness in the near term if there is a sharp downgrading of future price expectations and a drop in speculative activity.

The critical issue here is that even though inflation rose and fell over the course of the cycle, price expectations did not move — even when inflation was running at 5 per cent, the community at large expected it would soon be back to its normal lower pace.

With the economy expected to resume above - potential growth in the near term, our expectation is that inflation will converge on 2 per cent as the output gap closes and the temporary effects of low oil prices and past exchange rate depreciation dissipate.

In contrast, medium - term inflation expectations implied by financial market prices, which are calculated as the difference between nominal and indexed bond yields, have been broadly stable at around 2.6 per cent over the past nine months.

The materials sector has risen by 16 per cent, boosted by continuing strength in base metals prices and expectations of substantial increases in contract prices for coal and iron ore.

Price expectations, which are now seen as occupying a central role in the inflationary process, have been cracked; given this, together with continued policy vigilance, there is no reason why the current underlying inflation rate of 2 to 3 per cent can not be sustained.

The median expectation of consumer price inflation over the year ahead now stands at 3.5 per cent, compared with levels of well over 4 per cent in the previous couple of years.

It found that price expectation shocks accounted for 30 per cent of the increase in home values between 1996 and 2006, larger than all other factors driving price gains, such as housing supply, housing demand or mortgage rates.

The subsidy is only for financial year 2016, so in 2017 the price will be between $ 4.75 and $ 5, a big relief for rival milk producers such as Bega, which had its stock rally more than 3 per cent on expectations of a more rational milk market.

Yowie said the launch of its lower - price brand, called Discovery World, had failed to live up to expectations, while the total chocolate market in North America declined by 1.5 per cent during the December quarter.

One - third of farmers have a negative outlook for commodity prices, while 28 per cent have positive expectations.

Fuelling the meteoric share price rise (up some 80 per cent since the start of the year) are big earnings expectations, though it's worth noting the share price run is easily outpacing the expected earnings growth.

The results of the study, co-authored with Dr Lorenzo Neri from QMUL, show that a three percentage point increase (from a baseline of 26 per cent) in the number of students who perform above expectations at Key Stage 2 increases local house prices by 1.5 per cent.

Pioneered by self published authors, the 99 cent price may be reshaping customer expectations.

TORONTO — TD Bank is estimating Canadian home prices are about 10 per cent overvalued given the expectations for rising interest rates.