Sentences with phrase «first interest rate decision»

(Much of this impression comes from his very first interest rate decision as Governor in March 2008: a surprise cut of 50 basis points in the overnight rate on the basis of the U.S. outlook.)

Not exact matches

As the Federal Reserve lays the ground to raise U.S. interest rates for the first time in nearly a decade, it should weigh the effects of its decisions on global economies and expect some bouts of volatility in financial markets, a top Fed official said on Tuesday.

The Federal Reserve's (Fed) widely anticipated decision this week to raise interest rates for the first time in nearly a decade has garnered plenty of attention, especially from those concerned over the possible negative economic impact of rate increases.

The Federal Reserve will announce this week whether it will raise interest rates for the first time in nearly a decade — a highly anticipated decision that has implications for global financial markets and household budgets.

Hammond's first test today — responding to the Bank of England decision to cut interest rates to a record low of 0.25 % — may not quite be at the same level as Darling's, who had to deal with the enveloping maelstrom of a global financial crisis, but he will be hoping his understated approach will inspire greater confidence in the markets.

Since credit card issuers consider you a risk, given they have no history of your past financial decisions or habits, they charge a high interest rate for the first 6 months to a year of your having your new credit card.

Last week, the Bank of Canada blamed the oil slump for its unexpected decision to cut its interest rate for the first time since 2009.

Marbles low interest rate of 0 % per annum fixed for your first six months on anything you buy and any balances you transfer and applicants get an online decision in just 60 seconds!

To me this seems like a simple decision (buy the house while interest rates are low, saving more money in the long run), but it seems to fly in the face of the nearly - ubiquitous advice of «get rid of debt first», so I'm wondering if I'm missing anything.

Within all the loans at a given interest rate, I would apply extra payments to the smallest loans first for the psychological boost and decrease in minimum payment mentioned in Pete's answer, but this is clearly a personal (and relatively unimportant) decision.

«Economic factors like monthly payments, rising interest rates and property tax increases are playing a much greater role in home ownership decisions — particularly among the first - time home buyer segment.»

Eighty - six per cent of potential first - time buyers say low interest rates make them more likely to purchase a home; 81 per cent cite lower housing prices as a motivating factor; while 76 per cent cite job security; and 64 per cent say a stable economy is an important factor in their decision to buy.