Sentences with phrase «cut by a percentage point»

The EFSF will now be able to loan the full amount allotted to the fund, it will be allowed to buy sovereign bonds on the primary market, and the interest rate on loans to Greece was cut by a percentage point while the maturities of the loans were extended.

Not exact matches

The Congressional Budget Office has estimated that the combination of tax increases and spending cuts could trim economic growth this year by about 1.5 percentage points.
As Poloz indicated in Toronto, if something went terribly wrong tomorrow, he could cut the benchmark interest rate by a full percentage point before trying something else, such as creating money to purchase bonds.
Some women shy away from jobs in fields that require long workweeks, knowing they won't have the time: a 10 percent cut in free time for women reduces their share in high - hour occupations by about 14 percent relative to men, according to the researcher's model.In total, that difference in time spent on at - home labor results in an 11 percentage point gender wage gap, their analysis estimates.
Goldman Sachs cut its second - quarter GDP growth estimate by three tenths of a percentage point to 1.0 percent.
Economists said the two reports combined suggested that the third - quarter 3.5 percent annual growth pace could be cut by as much as half a percentage point when the government publishes its revisions later this month.
Even the Tax Foundation, which typically is aggressive in its growth assumptions for tax cuts, said that the final bill will boost GDP growth by just 0.35 percentage point in 2018 — and that the effect would diminish in later years.
Doug Ford, a businessman and former Toronto city councillor whose family owns and operates Deco Labels and Tags, has promised to cut the provincial corporate tax by one percentage point if the Tories are elected to power this spring.
Be it the Conservatives» call to cut $ 11 billion in government expenditures or the Liberals» plan to raise corporate taxes by 1.5 percentage points back to 2010 levels, these are issues of substance.
On the monetary front, the PBOC cut the bank reserve ratio by another 0.5 percentage points (to 16.5 %) on March 1 (the sixth such cut since February 2015).
On the cost side, the same increase in the policy rate might cut output by up to 1 per cent and push inflation down by 0.5 percentage point relative to what it would have been otherwise.
Quick answer: no, as the European Central Bank, which has an inate fear of inflation, felt compelled on Thursday by the economic crisis in Europe to cut its benchmark interest rates by 0.25 percentage points, bringing the refinancing rate to a record low of 0.75 % and the overnight deposit rate to zero.
Housing was also a source of weakness, cutting overall growth by 0.3 percentage point.
Private sector economists have now revised down their forecasts of real GDP growth for 2015 by about 0.6 - percentage points, while the IMF cut its from 2.2 % to just 1.5 %.
If you've saved $ 500,000 at the time you retire, cutting your investment expenses by just half a percentage point could mean an extra $ 1,500 to spend every year in retirement.
While we were pleased to learn of the government's September 2017 announcement to cut the small business income tax rate from 2.5 per cent to 2 per cent, we note it was accompanied by an increase to the general corporate income tax rate of one percentage point (to 12 per cent).
Instead of using it to reduce the federal public debt, the government used it to cut the GST by two percentage points, thereby creating a structural deficit in advance of the financial meltdown in 2008.
Volume / mix decreased 1.7 percentage points driven by a combination of distribution losses on Planters in the club channel, lower shipments in natural cheese and service - related losses in cold cuts.
Greek budgets include tax hikes and spending cuts by more than $ 4.5 billion, a debt increase to more than 200 percent of GDP, an economic contraction of 1.3 percent and a new rise in unemployment by almost one percentage point to 25.4 percent.
Just two weeks ago, the Goldman economists cut their 2017 GDP - growth projection by 1 percentage point to 6.8 percent, citing the potential for business disruptions in light of the liquidity shortage.
Investment expenses and taxes each have cut returns by roughly one to two percentage points a year.
Amongst other emerging market economies, the only significant policy moves were in Brazil, where rates were cut by a further 50 basis points to 16 per cent, and Turkey, which cut rates by a total of 4 percentage points, to 22 per cent.
Naspers on March 22 announced it is cutting its stake in China's Tencent by as much as 2 percentage points in a deal that could raise up to $ 10.6 billion for the South African media and e-commerce group.
The Reserve Bank of India cut its main repurchase rate by 0.25 percentage point to 7.5 %, citing weakness in parts of the economy as well as favorable inflation figures and structural overhauls included in the government's proposed budget.
And we are — we've cut the structural deficit by three percentage points in the last two years, more than any other G7 country, and it is set to go on being cut at a similar rate in the years ahead.
Cameron's eight percentage point lead among «enthusiastic voters» just before the May 2015 election seen in Figure 2 contrasts with the much less clear - cut picture given by «voting intention» alone (Figure 3, below).
Foley says he would cut the sales tax by half a percentage point.
The tax cut for middle - class wage earners amounts to a fraction of 1 percentage point and will be funded by an increase in the rate for married taxpayers making more than $ 2 million a year and single taxpayers whose yearly income exceeds $ 1 million.
The survey also said a more liberal candidate running on a minor - party line could cut into Cuomo's total by about 15 percentage points.
The assessment itself was first given in 1969, but the underlying political compromises meant that (a) students were tested by age, not grade level; (b) results were reported either as percentages of test takers getting individual questions right or (starting in 1984) on a psychometric scale that included no benchmarks, standards, or «cut points»; and (c) the «units of analysis» were the entire country and four big regions but not individual states, let alone districts or schools.
At Carver High School in New Orleans, the percentage of teachers responding that fighting among students is a serious problem at the school decreased by 60 - percentage - points since 2009, and the percentage of teachers saying that students cutting classes is a serious problem decreased by 50 - percentage - points.
A report expected next week on reforming Connecticut's state employee public pension system will recommend cutting the annual expected rate of return by 1 percentage point to 7 percent, a lead researcher told Reuters on Friday.
Access to just one cut dropout rates for black students by nearly a third and increased the likelihood of aspiring to college by 3 percentage points.
After Kentucky toughened its state tests and raised cut scores, proficiency rates dropped by as much as 30 percentage points.
If he cuts his annual expenses by half a percentage point to 1 % a year, his nest egg would total just over $ 1.2 million at retirement.
The central bank cut its rate by a quarter percentage point on Wednesday to 0.5 per cent.
Over the past half century, inflation has cut the purchasing power of your return by 3.5 percentage points a year.
The central bank cut its target for the overnight rate by a quarter of a percentage point to 0.5 per cent.
Even though the Bank cut the 2013 forecast by four tenths of a percentage point, the slack in the economy is anticipated to tighten up roughly six months earlier than anticipated.
They also cut the discount rate by a half percentage point to 5.25 %.
Many banks cut their prime rates by half a percentage point after yesterday's Fed move.
The Federal Reserve voted to cut the fed funds rate (short - term interest rates) by a half - percentage point to 4.75 percent.
If taxes are subtracting 1 percentage point per year, that means your actual take - home profits are being cut by 10 % to 20 %.
Investment expenses and taxes each have cut returns by roughly one to two percentage points a year.
Sure, there are several ways you should be able to cut your investment expenses by a half a percentage point a year or so, if not more.
The central bank has cut short - term rates by 2.25 percentage points since September and will probably reduce them again tomorrow.
EGTRRA cuts the highest income tax rates: the 28, 31, and 36 percent rates fall by 3 percentage points, while the 39.6 percent rate falls to 35 percent.
And while bond investors have suffered setbacks recently as yields have risen by more than a percentage point from their 2016 lows in part because of concerns that tax cuts and infrastructure spending in a Trump administration could spur inflation, the Bloomberg Barclays U.S. Aggregate bond index — a good proxy for the investment - grade taxable bond market — is actually up almost 2 % from the beginning of the year.
If you've saved $ 500,000 at the time you retire, cutting your expenses by just half a percentage point could mean an extra $ 1,500 to spend every year in retirement.
The Bank of Canada cut interest rates by a quarter of a percentage point twice in 2015 to help the economy deal with a plunge in oil prices, but it said Wednesday that adjustment has been made.
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