Sentences with phrase «interest rate announcement since»
The broader S&P 500 also retreated to trade slightly lower ahead of the Federal Open Market Committee's first interest rate announcement since the new administration took office.
https://www.cnbc.com/ Not exact matches
The housing market is seen as a major engine for the recovery, and 30 year mortgage interest rates have risen over 1 % since the initial announcement of tapering in May.
This capacity has been further enhanced by a change in operating procedures, which has seen public announcements of every change in the official cash rate — the key policy interest rate — since January 1990.
In normal economic times, interest rate announcements are very volatile news announcements, but over the last few years there is basically no movement around those releases in the United States since everyone knows the Fed is now raising interest rates until well into 2012.
In fact, some analyses suggest that negative announcement effects on REITs associated with rising interest rates have become more pronounced since 2013.
On September 7, the Bank of Canada made its regular interest rate announcement, leaving things unchanged at 0.5 per cent for the overnight rate — where it has been since July 2015.
Since the EU referendum in June 2016, the country has witnessed a series of defining political and financial shifts: David Cameron's resignation as Prime Minister and Theresa May's appointment as his successor; interest rates being cut to a record - low 0.25 % before then being raised back to 0.5 %; Article 50 being issued and Brexit negotiations officially commencing; a snap General Election in which the Conservative Party lost its majority, leading to the Tories entering into a confidence and supply agreement with Northern Ireland's Democratic Unionist Party; and not one but two Budget announcements delivered by the Chancellor Philip Hammond in 2017.
Several announcements have since been made to quell these fears, but if this should change it could be yet another contributor to higher interest rates in the U.S.