Not exact matches
That ability will allow us to manage short - term
interest rates effectively and thus to tighten
policy when needed, even if bank reserves
remain high.»
While the Fed has indicated it plans to raise short - term
interest rates, the uncertain domestic and global economies and the still - loosening monetary
policy of central bankers in other countries suggests that
rates could
remain very low for a long time still.
«Perhaps most salient for monetary
policy, it appears increasingly clear that the neutral
rate of
interest remains considerably and persistently lower than it was before the crisis.»
«Perhaps most salient for monetary
policy, it appears increasingly clear that the neutral
rate of
interest remains considerably and persistently lower than it was before the crisis,» she said.
Thus, even though the Fed has now restored the funds
rate to a relatively normal level of 4.5 per cent, world
policy interest rates on average
remain well below normal.
My second reason for disappointment in Jackson Hole was that Chair Yellen, while very thoughtful and analytic, was too complacent to conclude that «even if average
interest rates remain lower than in the past, I believe that monetary
policy will, under most conditions, be able to respond effectively».
In Europe, the European Central Bank has adopted negative
interest rate policies designed to strengthen lending activity, while devising a plan for the region's banks to
remain profitable in spite of the challenging conditions.
Against this backdrop, Governing Council decided to leave our key
policy interest rate unchanged, as we judged that the balance of risks at present are still within the zone for which the current
policy setting
remains appropriate.
According to the
policy statement, the central bank indicated that
interest rates will continue to
remain at present levels for an extended period of time, although they did not mention what the specific timeframe would be.
In the press conference that followed the monetary -
policy meeting, the president of Europe's central bank, Mario Draghi, stated that
interest rates will
remain at current levels well past the end of the bank's asset - purchase program, carried out along with reinvesting principle payments from maturing securities.
The range of
policy interest rates among industrial countries
remains unusually wide.
The overall strength in demand for credit, combined with the fact that
interest rates remain slightly lower than the average of recent years, continues to suggest that the current
policy setting is not inhibiting the growth of the economy.
After the liquidations that inevitably followed Humps 1 and 2, the Bernanke Fed instigated the mother of all monetary inflation attempts as ZIRP (zero
interest rate policy) was initiated in December 2008 and
remains an accepted, almost forgotten part of the macro landscape to this day.
Jury is still out on secular stagnation — «At present, it looks likely that the equilibrium
interest rate will
remain low for the
policy - relevant future, but there have in the past been both long swings and short - term changes in what can be thought of as equilibrium real
rates»
Years of central bank
policies of easy money have caused short - term
interest rates to
remain below inflation — aptly called financial repression — which has penalized savers.
The combination of low levels of ES funds and the cash
rate remaining close to its target suggests a couple of conclusions: first, the market players involved with RTGS have adapted well to operating in the new environment; and second, participants have reasonable confidence about the availability of cash near the
interest rate announced by the Reserve Bank as its
policy target.
The US Federal Reserve
remained in tightening mode at its March monetary
policy meeting, raising its benchmark
interest rate for the sixth time since December 2015.
Although U.S.
interest rates could stay lower than in previous
rate cycles as Fed
policy very slowly normalizes, investors
remain concerned about the impact of
rate increases on their fixed income returns.
After the unexpectedly rapid turnaround in monetary
policy by the Bank of Canada — with July's increase in Canadian
interest rates coming almost a year earlier than had been widely predicted only a few weeks earlier — the attention of market participants turned to Australia, where
interest rates remained at record lows.
As a result, we believe the Fed's ultimate target for
interest rates when normalizing monetary
policy could
remain relatively low, unless pricing pressures that are more typical of previous late - cycle economic expansions start to emerge.
Years of central bank
policies of easy money have caused short - term
interest rates to
remain below inflation — aptly called financial repression — which has penalized savers.
As world monetary
policy continues to diverge — in other words, Europe and Japan
remain committed to rock bottom
interest rates while the U.S. Federal Reserve raises ours — expect currencies to continue their bumpy ride.
But with inflation nowhere in sight yet, and the Federal Reserve currently employing a
policy of very gradual
rate increases, we may
remain in a period of low
interest rates for a while.
Policymakers said the current
policy stance
remains appropriate although higher
interest rates will likely be required over time.
Its
interest rates and fee
policies aren't the best among online banks, but it comes close enough to
remain a superior choice to most competitors.
This
interest rate reduction will
remain on the account unless the loans are in a status which does not require payments, or automatic deduction is revoked by the borrower or suspended by the loan servicer according to the insufficient funds
policy in effect when the agreement is signed.
Unless I've missed something, the press releases concerning Fed
policy have explicitly stated that the central bank will maintain its zero percent
interest rate policy for as long as the U.S. unemployment
rate remains above 6.5 % and price inflation
remains below 2.5 %.
Stock company
policies do not issue a dividend; their cash value grows with the
interest crediting
rate, while death benefits typically
remain level.
Just as homeowners refinance mortgages at lower
interest rates, life insurance policyholders can cancel a
policy at any time to replace it with a less expensive equivalent — providing their health
remains stable, of course.
Notably, most / all of the growth in the
policy at those
interest rates will likely be eroded by the life and long - term care cost - of - insurance charges, but hybrid life / LTC
policies typically provide a guarantee that no matter what, the client's original $ 200,000
remains assured, liquid and available without surrender charges or penalties (though withdrawals would impact available amounts for claims, and claims may affect the amounts available at surrender or death as well).
An additional
Interest Rate of 4 % p.a. compounded is credited in your IPA for the first 5 years & 0.5 % p.a. compounded for the
remaining policy years.
He says the Bank of Canada's monetary
policy will
remain accommodating so that
interest rates increase slowly, but not until 2015.
«A second - round
interest rate increase... has essentially been fully priced into the market... What happens next in terms of the longer - term trajectory of
policy remains a large question mark.»
Thirty - year fixed -
rate mortgage
interest rates will fall to about 6.7 percent by the end of 1999 and
remain stable next year, despite the Federal Reserve's slight tightening of monetary
policy beginning in the second half of 1999, he predicts.