Sentences with phrase «cent target»

To achieve our monetary policy goal of low, stable and predictable inflation at the 2 per cent target rate, our economy should operate at, or close to, its productive capacity.
Inflation has remained close to the 2 per cent target in recent quarters.
Inflation has remained close to the 2 per cent target in recent quarters.
Monetary policy is guided by our 2 per cent target for total CPI inflation.
«If the world achieves this agreement, Australia will meet this 25 per cent target by harnessing the CPRS, the expanded Renewable Energy Target, and with substantial investment in clean, renewable energy and energy efficiency and strategic investment in carbon capture and storage.
He says Labour's 50 per cent target rate for youngsters going into university is neither sensible nor affordable.
The Royal Bank of Canada now projects inflation will average 2.9 per cent in the third quarter, at the upper end of the central bank's 1 per cent to 3 per cent target range.
US consumer prices accelerated in the year to March, with a measure of underlying inflation surging to near the Federal Reserve's 2 per cent target as weak readings from last year dropped out of the calculation.
The international retail company will source more than half of its renewable energy 100 per cent target from onsite generation and power purchase agreements (PPAs) with direct suppliers.
Figures released yesterday showed inflation at 3.3 % - far exceeding the two per cent target set by the Bank of England.
The FOMC's two - day meeting followed the release of data Monday that showed inflation measured by the central bank's preferred gauge had hit its 2 per cent target after being below that goal for almost every month since April 2012.
«In essence, the bank's saying what it has been saying — it needs to see the economy grow a little more quickly, [and] inflation move toward that 2 per cent target before we can look forward to interest rates going up.»
The Bank's current assessment is that inflation as measured by either the CPI or underlying measures is likely to be in the upper part of the 2 — 3 per cent target zone, once these temporary tax effects have passed out of the calculation.
Overall CPI inflation, however, remains at the lower end of the Reserve Bank of New Zealand's 1 — 3 per cent target band, with the currency appreciation exerting a dampening influence.
Small businesses will be pleased to see inflation, and the midterm outlook, heading back down to the two per cent target level.
The Lib Dems are supporting calls for an 80 per cent target while Michael Meacher, former environment minister also called on the government to take a tougher approach.
Moving to a 75 per cent target means the government has more time to redress the balance of teachers in different subjects (which it already is doing — see Schools Week story tomorrow!).
If the stock somehow reaches that 30 per cent target within six months, just sell, Mr Menon said.»
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The Fed kept its benchmark interest rate unchanged at 1.5 per cent to 1.75 per cent last night, but noted that inflation was nearing its 2 per cent target rate after years of remaining undesirably low.
But the hint that Germany would go for a 40 per cent target for renewables bought off the SPD and left the Austrians without any leverage.
He notes that the Reserve Bank has been on hold at 1.5 per cent for the longest period in its history and that it has said it's proving very difficult to get inflation over 2 per cent and into its 2 to 3 per cent target range.
The report forecast UK carbon emissions in 2010 will be only halfway to meeting the 20 per cent target in a «very significant shortfall», the report warned.
However, in response to a consultation on EBacc, Greening has stated that schools will need to meet a 75 per cent target by 2022 and 90 per cent now by 2025.
US inflation measures rise: A measure of underlying inflation surging to near the Federal Reserve's 2 per cent target as weak readings from last year dropped out of the calculation.
It also predicts that the green policies the government already has in place will see the economy «significantly exceed» the 34 per cent target set for 2020 under the Climate Change Act.
The Task Force concluded that, in 1992, the population included in their analysis had a savings rate of 10.1 per cent, which is greater than the 8.9 per cent target rate that would allow two earner families to meet their retirement income target.
Given the scars of the Great Recession, and the blow dealt Canada by the collapse of oil prices, there is a case to be made that the central bank should have left its benchmark interest rate at 0.5 per cent at least until headline inflation hit the two - per - cent target.
If Poloz was correct, and the media only care about prices when they spike to absurd levels, then let me suggest that some us are about to make up for it by working overtime to explain why the Bank of Canada wants to raise interest rates even though core inflation is trending away from the two - per - cent target.
Economists predict inflation will move well above the Bank of Canada's 2 - per - cent target in the coming months, while growth should also return to an above 2 - per - cent pace after a recent slump.
Although a number of temporary factors are keeping headline inflation near its 2 per cent target, our measures of core inflation are in the lower half of the target band and have been trending downward in recent quarters.
In Canada, however, both CPI inflation and the less volatile measure of core inflation have averaged well below the Bank of Canada's 2 - per - cent target for the past year, at 1 and 1.3 per cent, respectively.
Because of this extra capacity, the inflation spike this year — largely the result of an inflation soft patch a year ago — will be temporary, eventually returning to the 2 - per - cent target, according to the central bank's assumptions.
Britain's inflation rate has averaged about 2.6 per cent, well above the Bank of England's 2 - per - cent target.
With core inflation likely to hover around the Bank of Canada's 2 per cent target, there is little reason for the central bank to take any action on interest rates.
Total CPI inflation has risen recently, largely due to movements in gasoline prices, but remains slightly below the 2 per cent target.
The Federal Reserve held interest rates steady and expressed confidence that a recent rise in inflation to near the US central bank's 2 per cent target would be sustained.
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.
A statement issued with the decision earlier this month said there was no need for a policy change because market pressures would help inflation fall back toward the bank's 2 per cent target — the Bank is tasked with setting policy to achieve the target.
The bank declared an interim dividend of 80 cents per share, which was flat, and reflected a pay - out ratio of 66 per cent of its cash profit, slightly above its stated 60 per cent to 65 per cent target.
But if the currency continues to surge, Mr. Carney stressed that he retains «considerable flexibility» to stoke the demand required to get inflation back to the 2 - per - cent target.
That would see the economy use up its excess capacity, and return inflation sustainably to the 2 per cent target, around mid-2017.
After incorporating our new thinking around exports, and taking into account the possible near - term effects on house resales of the new mortgage rules, our projections show a lower profile for economic growth, an extended period of economic slack, and a later return of inflation to the 2 per cent target.
The US Federal Reserve, in a widely expected move on Wednesday, left interest rate unchanged at 1.50 - 1.75 per cent, acknowledging that inflation is near its 2 per cent target.
The annual inflation rate for the month — 5.91 per cent — also came in above estimates from all analysts in a Bloomberg survey and far above the country's official 4.5 per cent target.
Our forecast a few months ago for 2010 was that inflation, measured either in headline or underlying terms, would be in line with our 2 — 3 per cent target.
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