Although economic conditions will evolve in a manner that will warrant
further gradual increases in the federal funds rate, the federal funds rate is likely to remain, for some time, below levels that are expected to prevail in the longer run.
As Jerome Powell, Trump's hand - picked new Fed chairman, said at a news conference after the central bank's most recent meeting in March, «We're trying to take the middle ground, and the committee continues to believe that the middle ground consists of
further gradual increases in the federal - funds rate.»
In the policy statement the Fed issued after the January meeting, the central bank outlined its approach to raising rates, saying it «expects that economic conditions will evolve in a manner that will warrant
further gradual increases in the federal funds rate.»
The committee says it expects «economic conditions will evolve in a manner that will warrant
further gradual increases in the federal funds rate; the federal funds rate is likely to remain, for some time, below levels that are expected to prevail in the longer run.
Not exact matches
The
gradual shrinkage of the working - age population
in developed nations as well as China has so
far failed to stoke inflation through wage
increases.
The Fed said
in a statement after its latest policy meeting that it expects «
further gradual increases»
in rates and says it's moving close to achieving its 2 percent target for annual inflation.
Since the Fed began raising rates
in December 2015, the pace has been modest and
gradual: One quarter - point rate
increase in 2015, one
in 2016, three
in 2017 and one so
far this year.
Indeed, during the
gradual demise of Christendom, Christianity has
increased in vitality and spread its influence much
further afield — rather like a living entity released from the protective shell which it had produced for itself.
Even though the law contemplates a
gradual increase in lunch prices, here
in Houston my district decided to raise its paid meal price
far more dramatically this year, from $ 1.85 to $ 2.25.
The
gradual shrinkage of the working - age population
in developed nations as well as China has so
far failed to stoke inflation through wage
increases.
Further increases in temperature would then lead to a
gradual fall
in net revenue per animal.
Folland's erroneous adjustment had been originally criticized at CA
in 2005 here and
further discussed at length
in March 2007 at CA here, a post
in which I observed that no climate scientist had made any attempt to validate Folland's bizarre adjustment and that correcting Folland's error (through a more
gradual and later changeover to engine inlets than the worldwide overnight change that Folland had postulated after Pearl Harbour) would have the effect of
increasing SST
in the 1950s,
in turn, potentially eliminating or substantially mitigating the downturn
in the 1950s that was problematic for modelers.
However, to mitigate the economic burden engendered by the proposed doubling, the abolition of the CST was also suggested — with its seven judges expected to move to the GC — and a
gradual implementation of the reforms, with an initial
increase of 12 judges
in 2015; a
further increase of 7
in 2016 following the dissolution of the CST and the transfer of its case - load to the General Court; and finally, a last set of 9 additional judges to be appointed
in 2019.
The
gradual loosening of inter-jurisdictional practice rules, the twenty - year track record of Canadian national law firms
in the business context, the
increasing automation of basic processes and utilization of standardized technology tools like practice - management software
in even very small practices, and the
increasing competition from non-lawyer service providers and self - help options all suggest to me that a similar national retail law firm
in Canada isn't
far - fetched.
«This fourth consecutive
increase in builder confidence provides
further evidence of the
gradual strengthening that's occurring
in many housing markets and providing a needed boost to local economies,» says NAHB Chief Economist David Crowe.