Sentences with phrase «federal funds rate by»

Earlier this week, Federal Reserve officials announced they would increase the short - term federal funds rate by another quarter point.

Fed officials indicated that they will stick to a previously announced target of a 1.4 percent federal funds rate by the end of 2017, CNBC reports.

At the NAR Midwinter Business Meeting in Honolulu, Tuccillo told attendees he wasn't surprised by the Fed's decision to cut the federal funds rate by a quarter point on Jan. 31.

Despite the Federal Reserve's action in late August raising the target for the federal funds rate by a quarter percentage point, homes remain affordable and homebuyer attitudes are unlikely to be affected by higher rates, though borrowers may pause temporarily, NAR analysts say.

, lifting the benchmark short - term federal funds rate by a quarter percentage point to a range of 1.25 to 1.5 percent.

The most recent hike was in December, lifting the benchmark short - term federal funds rate by a quarter percentage point to a range of 1.25 to 1.5 percent.

And now, with the news that the Federal Reserve has increased the target range of the Federal Funds rate by 25 basis points, you're probably starting to sweat over whether the student loan payments that already tax your budget every month will go even higher.

Fed boosts rates another quarter - point — The Federal Reserve voted to increase its target federal funds rate by a quarter point, triggering an equal rise in APRs on credit card balances... (See Fed)

Essentially, the Fed lowers the Federal Funds rate by purchasing Treasuries from banks and increasing the «monetary base» - bank reserves plus currency in circulation.

December's bond market action featured one more hike in the Federal Funds Rate by the Federal Reserve.

Investors were cheered last week when the Federal Reserve lowered its target for the Federal Funds Rate by 50 basis points, and lowered the Discount Rate (the interest rate it charges on loans to the banking system) by 50 basis points as well.

Tomorrow the Federal Reserve is expected to raise its benchmark Federal Funds rate by 25 basis points — the first increase in seven years.

As expected, the FOMC raised the target range for the federal funds rate by 25 basis points, and Chairman Powell delivered a message consistent with his recent testimony, reflecting a continuity -LSB-...]

Stating that the risk of a substantial fall in inflation was greater than the risk of a substantial rise, the Fed lowered the federal funds rate by 25 basis points to 1 per cent in June.

Against this backdrop, the Federal Reserve has continued the process of normalising interest rates, lifting the federal funds rate by 25 basis points at each of its last six meetings, to 2.5 per cent in February.

To date, the Federal Reserve has increased the Federal funds rate by 175 basis points in this tightening phase, and recent evidence from the Federal Reserve's survey of senior loan officers suggests that lenders are also becoming somewhat more cautious about extending credit to businesses.

However, Ashok Bhatia, senior portfolio manager at Neuberger Berman stresses that despite his appointment: «Futures markets overwhelmingly expect the Fed to raise the federal funds rate by 25bp following its 13 December policy meeting.

Looking ahead: The Federal Reserve recently increased the federal funds rate by a quarter - point and the U.S. Central Bank is forecasting at least two more rate hikes this year.

Feb 02, 2017 In December 2015, the Federal Reserve raised the federal funds rate by a quarter of a percentage point.

Not exact matches

When the Federal Reserve boosts its target funds rate, banks are quick to follow suit by increasing the cost of borrowing on everything from credit cards to home equity lines of credit.

To tweak interest rates, the Fed adjusted the federal funds rate, also known as the interbank lending rate, which is used by financial institutions to set the prime rate, or the base rate upon which other interest rates are set.

A Dec. 9 Reuters poll showed the likelihood of a hike on Wednesday was 90 % with economists forecasting the federal funds rate to be 1.0 - 1.25 % by end - 2016 and 2.25 % by end - 2017.

The country has been hit particularly hard by fund outflows as it's seen as vulnerable to an expected U.S. Federal Reserve interest rate increase.

Earlier in the month, the Federal Reserve raised the funds rate by 25 basis points, its fifth increase since December 2015, which impacts some of the terms by which you borrow money and access credit.

The Federal Reserve is risking its credibility among investors by refusing to consider a sooner interest rate hike, hedge fund manager David Gerstenhaber told CNBC on Friday.

Bond yields snapped higher, adding to their already steep gains, and federal funds derivatives showed market expectations are moving closer to pricing in a full three interest rate hikes by December.

These risks and uncertainties include: Gilead's ability to achieve its anticipated full year 2018 financial results; Gilead's ability to sustain growth in revenues for its antiviral and other programs; the risk that private and public payers may be reluctant to provide, or continue to provide, coverage or reimbursement for new products, including Vosevi, Yescarta, Epclusa, Harvoni, Genvoya, Odefsey, Descovy, Biktarvy and Vemlidy ®; austerity measures in European countries that may increase the amount of discount required on Gilead's products; an increase in discounts, chargebacks and rebates due to ongoing contracts and future negotiations with commercial and government payers; a larger than anticipated shift in payer mix to more highly discounted payer segments and geographic regions and decreases in treatment duration; availability of funding for state AIDS Drug Assistance Programs (ADAPs); continued fluctuations in ADAP purchases driven by federal and state grant cycles which may not mirror patient demand and may cause fluctuations in Gilead's earnings; market share and price erosion caused by the introduction of generic versions of Viread and Truvada, an uncertain global macroeconomic environment; and potential amendments to the Affordable Care Act or other government action that could have the effect of lowering prices or reducing the number of insured patients; the possibility of unfavorable results from clinical trials involving investigational compounds; Gilead's ability to initiate clinical trials in its currently anticipated timeframes; the levels of inventory held by wholesalers and retailers which may cause fluctuations in Gilead's earnings; Kite's ability to develop and commercialize cell therapies utilizing the zinc finger nuclease technology platform and realize the benefits of the Sangamo partnership; Gilead's ability to submit new drug applications for new product candidates in the timelines currently anticipated; Gilead's ability to receive regulatory approvals in a timely manner or at all, for new and current products, including Biktarvy; Gilead's ability to successfully commercialize its products, including Biktarvy; the risk that physicians and patients may not see advantages of these products over other therapies and may therefore be reluctant to prescribe the products; Gilead's ability to successfully develop its hematology / oncology and inflammation / respiratory programs; safety and efficacy data from clinical studies may not warrant further development of Gilead's product candidates, including GS - 9620 and Yescarta in combination with Pfizer's utomilumab; Gilead's ability to pay dividends or complete its share repurchase program due to changes in its stock price, corporate or other market conditions; fluctuations in the foreign exchange rate of the U.S. dollar that may cause an unfavorable foreign currency exchange impact on Gilead's future revenues and pre-tax earnings; and other risks identified from time to time in Gilead's reports filed with the U.S. Securities and Exchange Commission (the SEC).

That rate changes as the Federal Reserve influences the Federal Funds Rate (the Wall Street Journal publishes this rate by polling the major banks — more info can be found herate changes as the Federal Reserve influences the Federal Funds Rate (the Wall Street Journal publishes this rate by polling the major banks — more info can be found heRate (the Wall Street Journal publishes this rate by polling the major banks — more info can be found herate by polling the major banks — more info can be found here).

At July 28, 2012, borrowings under the Asset - Based Revolving Credit Facility bore interest at a rate per annum equal to, at NMG's option, either (a) a base rate determined by reference to the highest of (i) a defined prime rate, (ii) the federal funds effective rate plus 1/2 of 1.00 % or (iii) a one - month LIBOR rate plus 1.00 % or (b) a LIBOR rate, subject to certain adjustments, in each case plus an applicable margin.

At April 27, 2013, borrowings under the Asset - Based Revolving Credit Facility bore interest at a rate per annum equal to, at NMG's option, either (a) a base rate determined by reference to the highest of (i) a defined prime rate, (ii) the federal funds effective rate plus 1/2 of 1.00 % or (iii) a one - month LIBOR rate plus 1.00 % or (b) a LIBOR rate, subject to certain adjustments, in each case plus an applicable margin.

During this period, the Federal Reserve tried to support employment by cutting its federal funds rate target nearly to zero; by creating a number of special liquidity facilities to support the extension of credit; and by engaging in a large scale asset purchase program, buying Treasuries, agency debt and agency mortgage - backed secuFederal Reserve tried to support employment by cutting its federal funds rate target nearly to zero; by creating a number of special liquidity facilities to support the extension of credit; and by engaging in a large scale asset purchase program, buying Treasuries, agency debt and agency mortgage - backed secufederal funds rate target nearly to zero; by creating a number of special liquidity facilities to support the extension of credit; and by engaging in a large scale asset purchase program, buying Treasuries, agency debt and agency mortgage - backed securities.

The FOMC's policy normalization principles and plans make the temporary nature of the ON RRP clear by stating that it will be discontinued when it is no longer needed to help control the federal funds rate.26 This intention was noted again in the minutes to the January FOMC meeting.

For the time period in question, the federal funds rate was low (by historic standards), leading the Fed to dismiss the yield curve's «prediction» of recession.

It is of great importance that the public is confident that the federal funds rate will be, on average over time, within the target range set forth by the FOMC, and that other money market rates will continue to move closely with changes in the federal funds rate.

The fed funds rate is set by the Federal Open Market Committee — the policy - making arm of the Fed led by Federal Reserve Board chair.

Yet most consumer interest rates are driven by the federal funds rate, which is also considered the central interest rate in U.S. financial markets.

The exit would be preceded by a gradual decrease in the size of asset purchases (i.e., a slowing in the amount of extra easing), followed by the end of asset purchases, a gradual withdrawal of excess liquidity from the system, measured increases in the federal funds rate and, eventually, a normalization of the Fed's balance sheet.

Federal Funds Sold are short - term loans to other depository financial institutions without any collateral, provided by Federal Reserve banks, usually at the Federal Funds rate.

These features include the availability of physical cash and a behavioral aversion by some money market investors to investing at negative rates, and also encompass certain unique features of money markets in the United States, such as legal and regulatory incentives applicable to money market mutual funds and the ability of the government - sponsored enterprises to leave unremunerated deposits at the Federal Reserve.23

Federal Funds Purchased are short - term loans to other depository financial institutions without any collateral, provided by Federal Reserve banks, usually at the Federal Funds rate.

Many lenders in the federal funds and Eurodollar markets with access to the ON RRP facility responded to these low rates by increasing their use of the facility, as shown in Figure 10.

Reining In Rates O'Neil, one of the managers of the $ 26 billion Fidelity Total Bond Fund, said rising bond yields could be reined in by at least three forces: Federal Reserve Chair Janet Yellen's commitment to a very gradual program of rate hikes, the traditional aversion to budget deficits by the Republican - controlled Congress, and buying by overseas investors who may use the recent jump in rates to snap up more TreasuRates O'Neil, one of the managers of the $ 26 billion Fidelity Total Bond Fund, said rising bond yields could be reined in by at least three forces: Federal Reserve Chair Janet Yellen's commitment to a very gradual program of rate hikes, the traditional aversion to budget deficits by the Republican - controlled Congress, and buying by overseas investors who may use the recent jump in rates to snap up more Treasurates to snap up more Treasuries.

At a federal - provincial finance ministers» meeting in December 2012, the Finance Minister announced that, starting in 2017 - 18, the rate of growth in the Canada Health Transfer (CHT) would be reduced from 6 per cent per year to grow in line with a three - year moving average in nominal GDP, with a funding guarantee to grow by at least three per cent per year.

Interest rates are determined by the Fed, and evolve from the federal funds target rate, which the Fed arbitrarily sets.

In response, the Fed reduced the federal funds rate to essentially zero by mid-December, instituted swap lines to provide dollar liquidity to foreign central banks, added new liquidity facilities to target specific sectors of the shadow banking system and began to expand its balance sheet through asset purchases.

The Fed has a dual mandate to maximize employment and stabilize inflation, which it tries to achieve primarily by pushing up or down the federal funds rate, the benchmark short - term financing cost for banks that influences a wide range of borrowing rates for households and businesses.

On March 31st the Federal Reserve raised its benchmark interest rate for the sixth time in 3 years and signaled its intention to raise rates twice more in 2018, aiming for a fed funds target of 3.5 % by 2020.

If the Federal Reserve raises the fed funds rate to 3.5 % and sells its federal securities into the market, as it is proposing to do, by 2026 the projected tab will be $ 830 billion anFederal Reserve raises the fed funds rate to 3.5 % and sells its federal securities into the market, as it is proposing to do, by 2026 the projected tab will be $ 830 billion anfederal securities into the market, as it is proposing to do, by 2026 the projected tab will be $ 830 billion annually.

While the Federal Reserve decided in December to increase short - term interest rates, that hasn't yet translated into significant increases in deposit rates paid out by banks on safe, federally insured deposits — the kind of accounts consumers might want to use for an emergency fund or for parking cash they expect to use in the next month or two.

By Aaradhana Ramesh and Krishna Eluri (Reuters)- U.S. fund managers kept their recommendations for equity holdings steady for a third month in November, and near their lowest since the financial crisis, pending a widely - expected Federal Reserve rate hike, a Reuters poll found.