Sentences with phrase «cutting policy rates»

Likewise, many emerging - market central banks reacted to slower growth and lower inflation by cutting policy rates as well.

(The Bank of Canada would cut its policy rate a second time in July, dropping the overnight target to its current 0.5 %.)

Economists at National Bank Financial predicted at the end of August that the Bank of Canada will cut its policy rate to 0.25 %, matching the lowest on record.

Speaking by phone from Montreal on Wednesday, economist Paul - Andre Pinsonnault predicted Governor Stephen Poloz will cut the policy rate by a quarter point to 0.25 percent next month, matching a record low set in 2009 during the global financial crisis.

The Fed could have cut its policy rate in both meetings and signaled it was committed to a cycle of easing.

The Bank of Canada has cut its policy rate by a cumulative 75 basis points so far this year (in three moves) to 2 per cent, against a background of weak GDP growth and subdued inflation.

Similarly, the Swedish Riksbank has cut its policy rate by a total of 75 basis points (in two steps) to 2 per cent, in the face of a larger - than - expected fall in inflation.

In order to support domestic demand, the Bank of Korea cut its policy rate by a further 25 basis points in November, to 3.25 per cent.

The Federal Reserve, the ECB, the Bank of England and the Bank of Canada have all cut their policy rates in the past three months, as have central banks in many Asian economies.

Other central banks to ease included the Bank of Canada which cut its policy rate by 25 basis points in July to 3.0 per cent, and the Reserve Bank of New Zealand, which cut a further 25 basis points to 5.00 per cent in July, after similar - sized cuts in April and June.

Monetary Policy Committee (MPC) of the Bank of Ghana took a bold step by cutting the policy rate by a...

«This, therefore, underpins the BoG's decision to cut the policy rate by 200 basis points to 23.5 per cent in order to stimulate credit expansion and economic growth,» he added.

Firstly that the Bank of Japan failed to act early enough or decisively enough when it cut its policy rate to 0.5 % in September 1995 but did not begin quantitative easing until March 2001.

Not exact matches

Important factors that could cause actual results to differ materially from those reflected in such forward - looking statements and that should be considered in evaluating our outlook include, but are not limited to, the following: 1) our ability to continue to grow our business and execute our growth strategy, including the timing, execution, and profitability of new and maturing programs; 2) our ability to perform our obligations under our new and maturing commercial, business aircraft, and military development programs, and the related recurring production; 3) our ability to accurately estimate and manage performance, cost, and revenue under our contracts, including our ability to achieve certain cost reductions with respect to the B787 program; 4) margin pressures and the potential for additional forward losses on new and maturing programs; 5) our ability to accommodate, and the cost of accommodating, announced increases in the build rates of certain aircraft; 6) the effect on aircraft demand and build rates of changing customer preferences for business aircraft, including the effect of global economic conditions on the business aircraft market and expanding conflicts or political unrest in the Middle East or Asia; 7) customer cancellations or deferrals as a result of global economic uncertainty or otherwise; 8) the effect of economic conditions in the industries and markets in which we operate in the U.S. and globally and any changes therein, including fluctuations in foreign currency exchange rates; 9) the success and timely execution of key milestones such as the receipt of necessary regulatory approvals, including our ability to obtain in a timely fashion any required regulatory or other third party approvals for the consummation of our announced acquisition of Asco, and customer adherence to their announced schedules; 10) our ability to successfully negotiate, or re-negotiate, future pricing under our supply agreements with Boeing and our other customers; 11) our ability to enter into profitable supply arrangements with additional customers; 12) the ability of all parties to satisfy their performance requirements under existing supply contracts with our two major customers, Boeing and Airbus, and other customers, and the risk of nonpayment by such customers; 13) any adverse impact on Boeing's and Airbus» production of aircraft resulting from cancellations, deferrals, or reduced orders by their customers or from labor disputes, domestic or international hostilities, or acts of terrorism; 14) any adverse impact on the demand for air travel or our operations from the outbreak of diseases or epidemic or pandemic outbreaks; 15) our ability to avoid or recover from cyber-based or other security attacks, information technology failures, or other disruptions; 16) returns on pension plan assets and the impact of future discount rate changes on pension obligations; 17) our ability to borrow additional funds or refinance debt, including our ability to obtain the debt to finance the purchase price for our announced acquisition of Asco on favorable terms or at all; 18) competition from commercial aerospace original equipment manufacturers and other aerostructures suppliers; 19) the effect of governmental laws, such as U.S. export control laws and U.S. and foreign anti-bribery laws such as the Foreign Corrupt Practices Act and the United Kingdom Bribery Act, and environmental laws and agency regulations, both in the U.S. and abroad; 20) the effect of changes in tax law, such as the effect of The Tax Cuts and Jobs Act (the «TCJA») that was enacted on December 22, 2017, and changes to the interpretations of or guidance related thereto, and the Company's ability to accurately calculate and estimate the effect of such changes; 21) any reduction in our credit ratings; 22) our dependence on our suppliers, as well as the cost and availability of raw materials and purchased components; 23) our ability to recruit and retain a critical mass of highly - skilled employees and our relationships with the unions representing many of our employees; 24) spending by the U.S. and other governments on defense; 25) the possibility that our cash flows and our credit facility may not be adequate for our additional capital needs or for payment of interest on, and principal of, our indebtedness; 26) our exposure under our revolving credit facility to higher interest payments should interest rates increase substantially; 27) the effectiveness of any interest rate hedging programs; 28) the effectiveness of our internal control over financial reporting; 29) the outcome or impact of ongoing or future litigation, claims, and regulatory actions; 30) exposure to potential product liability and warranty claims; 31) our ability to effectively assess, manage and integrate acquisitions that we pursue, including our ability to successfully integrate the Asco business and generate synergies and other cost savings; 32) our ability to consummate our announced acquisition of Asco in a timely matter while avoiding any unexpected costs, charges, expenses, adverse changes to business relationships and other business disruptions for ourselves and Asco as a result of the acquisition; 33) our ability to continue selling certain receivables through our supplier financing program; 34) the risks of doing business internationally, including fluctuations in foreign current exchange rates, impositions of tariffs or embargoes, compliance with foreign laws, and domestic and foreign government policies; and 35) our ability to complete the proposed accelerated stock repurchase plan, among other things.

The content of the Bank of Canada's July Monetary Policy Report and associated rate cut were indications that the economy is much weaker than the Bank of Canada previously forecast.

The members of the Bank of Canada's policy committee, like plenty of others, thought they were going to cut interest rates in January.

But rather than politics, Darby, in a Dec. 3 report, wrote it's the country's monetary policy — the Bank of Thailand surprised analysts with an interest rate cut last month to boost growth — that «ought to be setting the alarm bells ringing in investors ears.»

WHAT THEY DID: While the Senate bill would cut tax rates for all income groups, on average, higher earners would receive the largest benefits, according to the Tax Policy Center, an independent Washington Policy group.

Australian shares were down 0.6 % after the Reserve Bank of Australia's policy board decided to cut its benchmark interest rate by 25 basis points to an all - time low of 1.50 %, as expected.

He has implemented a massive stimulus policy by cutting the central bank's benchmark interest rate to negative, keeping the 10 - year Japanese government bond yield near 0 percent in an effort to control the yield curve and stepping up the Bank of Japan's asset purchases.

The report said fiscal stimulus and a series of cuts by the Federal Reserve to its policy rate will help the U.S. economy to bounce back in 2021 and grow by 2.1 percent, followed by growth of 2 percent in 2022.

Such risks, uncertainties and other factors include, without limitation: (1) the effect of economic conditions in the industries and markets in which United Technologies and Rockwell Collins operate in the U.S. and globally and any changes therein, including financial market conditions, fluctuations in commodity prices, interest rates and foreign currency exchange rates, levels of end market demand in construction and in both the commercial and defense segments of the aerospace industry, levels of air travel, financial condition of commercial airlines, the impact of weather conditions and natural disasters and the financial condition of our customers and suppliers; (2) challenges in the development, production, delivery, support, performance and realization of the anticipated benefits of advanced technologies and new products and services; (3) the scope, nature, impact or timing of acquisition and divestiture or restructuring activity, including the pending acquisition of Rockwell Collins, including among other things integration of acquired businesses into United Technologies» existing businesses and realization of synergies and opportunities for growth and innovation; (4) future timing and levels of indebtedness, including indebtedness expected to be incurred by United Technologies in connection with the pending Rockwell Collins acquisition, and capital spending and research and development spending, including in connection with the pending Rockwell Collins acquisition; (5) future availability of credit and factors that may affect such availability, including credit market conditions and our capital structure; (6) the timing and scope of future repurchases of United Technologies» common stock, which may be suspended at any time due to various factors, including market conditions and the level of other investing activities and uses of cash, including in connection with the proposed acquisition of Rockwell; (7) delays and disruption in delivery of materials and services from suppliers; (8) company and customer - directed cost reduction efforts and restructuring costs and savings and other consequences thereof; (9) new business and investment opportunities; (10) our ability to realize the intended benefits of organizational changes; (11) the anticipated benefits of diversification and balance of operations across product lines, regions and industries; (12) the outcome of legal proceedings, investigations and other contingencies; (13) pension plan assumptions and future contributions; (14) the impact of the negotiation of collective bargaining agreements and labor disputes; (15) the effect of changes in political conditions in the U.S. and other countries in which United Technologies and Rockwell Collins operate, including the effect of changes in U.S. trade policies or the U.K.'s pending withdrawal from the EU, on general market conditions, global trade policies and currency exchange rates in the near term and beyond; (16) the effect of changes in tax (including U.S. tax reform enacted on December 22, 2017, which is commonly referred to as the Tax Cuts and Jobs Act of 2017), environmental, regulatory (including among other things import / export) and other laws and regulations in the U.S. and other countries in which United Technologies and Rockwell Collins operate; (17) the ability of United Technologies and Rockwell Collins to receive the required regulatory approvals (and the risk that such approvals may result in the imposition of conditions that could adversely affect the combined company or the expected benefits of the merger) and to satisfy the other conditions to the closing of the pending acquisition on a timely basis or at all; (18) the occurrence of events that may give rise to a right of one or both of United Technologies or Rockwell Collins to terminate the merger agreement, including in circumstances that might require Rockwell Collins to pay a termination fee of $ 695 million to United Technologies or $ 50 million of expense reimbursement; (19) negative effects of the announcement or the completion of the merger on the market price of United Technologies» and / or Rockwell Collins» common stock and / or on their respective financial performance; (20) risks related to Rockwell Collins and United Technologies being restricted in their operation of their businesses while the merger agreement is in effect; (21) risks relating to the value of the United Technologies» shares to be issued in connection with the pending Rockwell acquisition, significant merger costs and / or unknown liabilities; (22) risks associated with third party contracts containing consent and / or other provisions that may be triggered by the Rockwell merger agreement; (23) risks associated with merger - related litigation or appraisal proceedings; and (24) the ability of United Technologies and Rockwell Collins, or the combined company, to retain and hire key personnel.

The RBI is set to announce its monetary policy decision later Tuesday, with the market forecasting a 25 basis points cut in policy rates.

FRANKFURT, Oct 12 - Key Euribor bank - to - bank lending rates steadied on Friday, as the prospect faded of the European Central Bank loosening policy further with an interest rate cut.

Denmark's central bank cut its key policy rate on Thursday for the fourth time in three weeks, dropping it to -0.75 percent — the same level as the Swiss National Bank's rate.

That takes pressure off the central bank to cut interest rates, an important development as policy makers reiterated that «financial vulnerabilities continue to edge higher.»

Whether those rate hikes come to fruition will depend in part on the shape of fiscal policy and any stimulus measures — tax cuts, infrastructure spending — enacted by President - elect Trump and the incoming Congress.

Most Monetary Policy Committee (MPC) members also expected to cut Bank Rate again this year to a rate «close to, but a little above zero,» if the economy performed as poorly as forecRate again this year to a rate «close to, but a little above zero,» if the economy performed as poorly as forecrate «close to, but a little above zero,» if the economy performed as poorly as forecast.

Given the weight policy makers put on the Business Outlook Survey, these assessments lower the odds of an interest - rate cut.

Senator Ron Wyden, the top Senate Democrat on tax policy, accused the Trump administration on Tuesday of removing a research paper from the U.S. Treasury's website that showed workers would benefit only marginally from a corporate rate cut.

Yet policy makers made clear they were reluctant to cut interest rates.

This scenario was part of our thinking at the beginning of last year, when Canada's economy was hit by the collapse in oil prices and we cut our policy interest rate.

Fed Funds futures are still suggesting the next Fed policy change is a cut in rates.

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.

As long as the market expects the Fed to cut, the pressure on the stock market will be mitigated by an outlook for some relief from present interest rate policy.

Asked about the move to reveal the rate cut discussion only after the rate decision was released, a spokeswoman for the central bank said Poloz's open statement to reporters is designed to fill the gap between the quarterly monetary policy report and press release announcing the rate decision.

As growth rates slow, the failure to cut out bad policies will mean continued stagnation or declines in living standards for some.

In his simulations, the Fed is not able to use unconventional policies to fully achieve the equivalent of the nearly 12 percent rate cut it would otherwise desire.

On the monetary policy side, the Federal Reserve cut short - term interest rates close to zero, communicated that short - term rates were likely to stay exceptionally low far into the future, and undertook a series of large - scale asset purchases in order to ease financial conditions further.

When the financial crisis hit the markets in 2008, the Federal Reserve embarked ultra easy monetary policy, which included cutting short - term interest rates to effectively 0 % while suppressing longer term interest rates through the purchases of long term Treasury debt and mortgage - backed securities — a program informally referred to as quantitative easing.

Against the backdrop of a slowdown in economic growth, the People's Bank of China cut its benchmark policy rates on 21 November after local markets had closed - the first such move since July 2012.

I think the last rate cut also showed that the efficacy of the move was more limited than the BoC let on, with most of the net stimulus (through the FX channel) ultimately a function of the projected path for U.S. monetary policy.

Since the collapse of Lehman Brothers in 2008, the top 50 global central banks have cut interest rates 673 times, and negative interest - rate policy efforts haven't worked.

Additionally, policymakers had previously acknowledged rate cuts» ineffectiveness at pushing down term premium at the start of Great Recession, but «tantrum fears» had subsequently fueled «policy cognitive dissonance» to argue otherwise during policy normalization.

China's leadership and central bank are ready to cut interest rates again and also loosen lending restrictions, concerned that falling prices could trigger a surge in debt defaults, business failures and job losses, said sources involved in policy - making.

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.

On June 28, 2015, the PBoC announced a 25 bps policy rate cut and a 50 bps targeted reserve ratio cut to support growth.

But markets are betting that the Fed will not be able to tighten monetary policy nearly as much as it expects, and if another recession starts in the next few years, cuts will soon bring interest rates back down to the zero lower bound.

That policy not only cut the number of guns in circulation but, based on the research, may have cut the firearm homicide and suicide rates too.

Given an absence of inflationary pressures and weak economic conditions, the ECB cut its key policy rate by 50 basis points to 2 per cent in June.