Sentences with phrase «in the federal funds rate for»

«Were the FOMC to delay increases in the federal funds rate for too long, it could end up having to tighten policy relatively abruptly to keep the economy from significantly overshooting both of the Committee's longer - run policy goals» on inflation and jobs, Yellen said.

Not exact matches

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.
For her part, Federal Reserve Chairwoman Janet Yellen said in June that the removal of the Fed as a prop in October might not coincide with an immediate increase in its federal funds rate, which has hovered near zero since the financial crisisFederal Reserve Chairwoman Janet Yellen said in June that the removal of the Fed as a prop in October might not coincide with an immediate increase in its federal funds rate, which has hovered near zero since the financial crisisfederal funds rate, which has hovered near zero since the financial crisis began.
All of this raises questions about support for a critical line in the Fed's statement where it says: «The federal funds rate is likely to remain, for some time, below levels that are expected to prevail in the longer run.»
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).
The target for the overnight rate is also the most appropriate policy rate for international comparisons; for example, with the target for the federal funds rate in the United States and with the two - week repo rate in the United Kingdom.
The Fed statement said: «The Committee anticipates that it will be appropriate to raise the target range for the federal funds rate when it has seen some further improvement in the labor market and is reasonably confident that inflation will move back to its 2 percent objective over the medium term.»
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.
«In light of the continued solid performance of the labor market and our outlook for economic activity and inflation, I believe the case for an increase in the federal funds rate has strengthened in recent months,» Yellen said in prepared remarks to a central bankers conference in Jackson Hole, WyoIn light of the continued solid performance of the labor market and our outlook for economic activity and inflation, I believe the case for an increase in the federal funds rate has strengthened in recent months,» Yellen said in prepared remarks to a central bankers conference in Jackson Hole, Wyoin the federal funds rate has strengthened in recent months,» Yellen said in prepared remarks to a central bankers conference in Jackson Hole, Wyoin recent months,» Yellen said in prepared remarks to a central bankers conference in Jackson Hole, Wyoin prepared remarks to a central bankers conference in Jackson Hole, Wyoin Jackson Hole, Wyo..
What I would like to do today is to explain in some detail the logic underlying this expectation that economic conditions will warrant exceptionally low levels of the federal funds rate for an extended period.
Data note for graph: The maximum and minimum federal funds rates before 1990 were almost all calculated using the methodology described in Reifschneider's footnote 1, table 1.
When the Fed raises the federal funds rate, you can expect higher interest rates for borrowing and saving in the near future.
In her first public comments in two months, Yellen said the economy was improving to the point that policymakers soon could nudge up the benchmark federal funds rate for the first time since DecembeIn her first public comments in two months, Yellen said the economy was improving to the point that policymakers soon could nudge up the benchmark federal funds rate for the first time since Decembein two months, Yellen said the economy was improving to the point that policymakers soon could nudge up the benchmark federal funds rate for the first time since December.
Loans under the new credit facility bear interest, at our option, at (i) a base rate based on the highest of the prime rate, the federal funds rate plus 0.50 % and an adjusted LIBOR rate for a one - month interest period in each case plus a margin ranging from 0.00 % to 1.00 %, or (ii) an adjusted LIBOR rate plus a margin ranging from 1.00 % to 2.00 %.
In a unanimous decision, the Committee left the target range for the federal funds rate unchanged at 1-1/2 to 1-3/4 percent.
We do support, however, changes to the funding and management of the federal employees» pension plans, including the move to more equitable contribution rates, changes in retirement provisions for new employees, among others.
ER: Since the most recent increase in the target for the federal funds rate last December, the economy has made further progress toward achieving the Federal Reserve's dual mandate (maximum sustainable employment and stable pfederal funds rate last December, the economy has made further progress toward achieving the Federal Reserve's dual mandate (maximum sustainable employment and stable pFederal Reserve's dual mandate (maximum sustainable employment and stable prices).
Loans under the new credit facility bear interest, at the Company's option, at (i) a base rate based on the highest of the prime rate, the federal funds rate plus 0.50 % and an adjusted LIBOR rate for a one - month interest period in each case plus a margin ranging from 0.00 % to 1.00 %, or (ii) an adjusted LIBOR rate plus a margin ranging from 1.00 % to 2.00 %.
Borrowings under the credit facility bear interest, at our option, at (i) a base rate based on the highest of the prime rate, the federal funds rate plus 0.50 %, and an adjusted LIBOR rate for a one - month interest period plus 1.00 %, in each case plus a margin ranging from 0.00 % to 0.75 %; or (ii) an adjusted LIBOR rate plus a margin ranging from 1.00 % to 1.75 %.
Loans under the credit facility bear interest, at the Company's option, at (i) a base rate based on the highest of the prime rate, the federal funds rate plus 0.50 % and an adjusted LIBOR rate for a one - month interest period plus 1.00 %, in each case plus a margin ranging from 0.00 % to 0.75 % or (ii) an adjusted LIBOR rate plus a margin ranging from 1.00 % to 1.75 %.
«A number of participants indicated that the stronger outlook for economic activity, along with their increased confidence that inflation would return to 2 per cent over the medium term, implied that the appropriate path for the federal funds rate over the next few years would likely be slightly steeper than they had previously expected,» the Federal Open Market Committee said in the records of its March 20 - 21 mfederal funds rate over the next few years would likely be slightly steeper than they had previously expected,» the Federal Open Market Committee said in the records of its March 20 - 21 mFederal Open Market Committee said in the records of its March 20 - 21 meeting.
There is the possibility that the Federal Reserve could raise rates this year as many as four times, taking the short - term federal funds rate above 2 % for the first time in a Federal Reserve could raise rates this year as many as four times, taking the short - term federal funds rate above 2 % for the first time in a federal funds rate above 2 % for the first time in a decade.
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.
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.
Some reasons for the fall include: the Federal Reserve lowering the Fed Funds rate, declining inflation, improved monetary efficiency, economic slack, the continued global demand for US assets, and relative stability in the US vs. other markets.
The idea that real interest rates — that is, adjusted for inflation — will be lower than they have been historically is reflected in the pronouncements of policymakers such as Federal Reserve chair Janet Yellen, the medium - term forecasts of official agencies such as the Congressional Budget Office and the International Monetary Fund and the pricing of government bonds whose payments are tied to inflation.
... As the size of the balance sheet and the quantity of excess reserves in the system decline, the Federal Reserve will be able to return to its traditional means of making monetary policy — namely, by setting a target for the federal fundFederal Reserve will be able to return to its traditional means of making monetary policy — namely, by setting a target for the federal fundfederal funds rate.
In determining the timing and size of future adjustments to the target range for the federal funds rate, the Committee will assess realized and expected economic conditions relative to its objectives of maximum employment and 2 percent inflation.
If rates do start rising steadily in the near future, it will probably happen when the Federal Reserve raises the federal funds rate (used for inter-bank leFederal Reserve raises the federal funds rate (used for inter-bank lefederal funds rate (used for inter-bank lending).
The Federal Reserve Bank is in charge of the federal interest rate — or fed funds rate, as it is commonly called — which is the overnight interest rate banks charge for short - termFederal Reserve Bank is in charge of the federal interest rate — or fed funds rate, as it is commonly called — which is the overnight interest rate banks charge for short - termfederal interest rate — or fed funds rate, as it is commonly called — which is the overnight interest rate banks charge for short - term loans.
Under current federal law, long - term capital gains for individual investors in the fund are taxed at a maximum rate of 15 %.
In July, during one of their regularly scheduled meetings, Federal Reserve officials «decided to maintain the target range for the federal funds rate at 1/4 to 1/2 percent.Federal Reserve officials «decided to maintain the target range for the federal funds rate at 1/4 to 1/2 percent.federal funds rate at 1/4 to 1/2 percent.»
In such a world, «announced changes in the federal funds rate therefore have no implications for economic activity, or the rate of inflation» (Jordan 2016: 382In such a world, «announced changes in the federal funds rate therefore have no implications for economic activity, or the rate of inflation» (Jordan 2016: 382in the federal funds rate therefore have no implications for economic activity, or the rate of inflation» (Jordan 2016: 382).
As shown in the figure above, the long - term trend in mortgage rates largely reflects the path of the 3 - month Treasury Bill rate, which is proxy for the federal funds rate.
For several years now, the Fed has been purchasing mortgage - backed securities and holding the federal funds rate near 0 % in order to stimulate a sluggish economy.
If that weren't enough to light a fire under would - be home buyers, the Federal Reserve recently announced that it would increase the short - term federal funds rate for only the second time in a Federal Reserve recently announced that it would increase the short - term federal funds rate for only the second time in a federal funds rate for only the second time in a decade.
At the end of 2015, Fed officials announced they would raise the federal funds rate for the first time in years.
In a related statement, Fed officials said: «Given the economic outlook, and recognizing the time it takes for policy actions to affect future economic outcomes, the Committee decided to raise the target range for the federal funds rate to 1/4 to 1/2 percent.»
Despite a previous increase for the federal funds rate, and additional hikes looming on the horizon, home mortgage rates have actually dropped in recent weeks.
As we saw in the months following The Great Recession, when economic growth slowed abruptly, the Fed moved to jumpstart the economy by lowering its target for the federal funds rate.
In a statement following its two - day meeting covering July 25 and 26, the Federal Open Market Committee (FOMC or the Committee) decided to «maintain the target range for the federal funds rate at 1 to 1.25 percent&Federal Open Market Committee (FOMC or the Committee) decided to «maintain the target range for the federal funds rate at 1 to 1.25 percent&federal funds rate at 1 to 1.25 percent».
Based upon the Fed's guidance, it looks like we are in line for two more rate bumps this year, which would bring the federal funds target rate up to 1.75 % -2 %.
«A number of participants indicated that the stronger outlook for economic activity, along with their increased confidence that inflation would return to 2 percent over the medium term, implied that the appropriate path for the federal funds rate over the next few years would likely be slightly steeper than they had previously expected,» the Federal Open Market Committee said in the records of its March 20 - 21 mfederal funds rate over the next few years would likely be slightly steeper than they had previously expected,» the Federal Open Market Committee said in the records of its March 20 - 21 mFederal Open Market Committee said in the records of its March 20 - 21 meeting.
The Fed also indicated that it expects three more rate escalations in 2018, with a few more after that, making the long - term forecast for the federal funds rate 2.75 %.
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.
This acceleration is partly due to the very expansionary monetary and fiscal policy settings that have been in place for some time, with the federal funds rate at 1 per cent, and the federal fiscal balance swinging from a surplus of 2 1/2 per cent of GDP in 2000 to a 3 1/2 per cent deficit in 2003.
Instead, it sets a target for the federal funds rate and engages in actions to influence the rate towards the target.
When the Federal Reserve makes it more expensive for banks to borrow by targeting a higher federal funds rate, the banks in turn pass on the higher costs to its cusFederal Reserve makes it more expensive for banks to borrow by targeting a higher federal funds rate, the banks in turn pass on the higher costs to its cusfederal funds rate, the banks in turn pass on the higher costs to its customers.
Private student loans make up a small percentage of the total student loan market, but many more borrowers have moved toward private lenders to help fund their education in the past several years.Private student loans offer some benefits over federal student loans, including the potential for a lower interest rate and extended repayment terms.
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