I have summarized some of the more
interesting points below.
Not exact matches
So it would be unfair to call Poloz a currency manipulator: he has dropped Canada's benchmark
interest rate to within a quarter
point of its record low because otherwise inflation would drop
below 1 %, the low end of the Bank of Canada's comfort zone.
The economy may be healthy enough for them to raise
interest rates, but the new 0.5 percent to 0.75 percent target for the benchmark fed funds rate, up a quarter
point from where it had been, remains far
below the historical norm — and, by all indications, the Fed still expects rates to stay low for at least a few more years.
With the economy either at or beyond full employment and the consumer price index — a measure of the inflation in consumer prices — at 2.1 percent, the real 10 - year
interest rate is 0.4 percent, Jones explained, roughly 300 basis
points below the historical average.
Case in
point: Wells Fargo recently reported that its net
interest margin fell
below 3 % for the first time in at least a decade.
The Bank of Canada has already raised
interest rates three times since July, but the benchmark rate is still three - quarters of a percentage
point below the 2 - per - cent inflation target.
Since at the ZLB, the real
interest rate is the negative of the inflation rate (real int rate = nom rate — inflation rate), another suspect as to why this recovery's been more of a slog (though see last
point below on this) is our low inflation rate.
A couple of other
interesting data
points on the direct selling industry are women make up 77 % of sellers and wellness products are driving the growth of the industry (see chart
below; click to enlarge).
In secondary markets, however,
interest rates on short - term treasury bills (4 weeks) have traded down close to or even
below 25 basis
points.
They also warn that because of extended zero -
interest policy by the Fed, security valuations have advanced to the
point where prospective nominal total returns on a conventional portfolio mix are likely to average well
below 2 % annually, with negative real returns, over the coming 12 - year period.
The level of intermediaries»
interest rates for households and small businesses remains historically low — in particular, notwithstanding the fact that the cash rate exceeds by 1.5 percentage
points its level at the previous cyclical trough in 1993/94, rates paid by borrowers, especially for housing, typically remain
below their level at that time.
Back in July of last year I
pointed out that in a world where official short - term
interest rates are close to zero, some short - term market
interest rates are also going to be very close to zero, and that, in such cases,
interest - rate dips
below zero could occur as a result of insignificant price fluctuations.
I quote former Cleveland Fed president, Jerry Jordan, on
point: «Yields of market - determined
interest rates subsequently fell and remain
below the levels that prevailed before the increase in administered rates» (Jordan 2016: 26).
Citing weak external demand and the prospect of
below - trend growth, the Bank of England cut official
interest rates by 25 basis
points in July.
In the example
below, Susan will pay an extra $ 136 a month, $ 4,525 in
points and fees, and about $ 44,000 in lifetime
interest for the $ 25,000 cash she received.
Falls in mortgage
interest rates detracted 0.5 of a percentage
point from the quarterly headline rate and, on a year - ended basis,
interest rate reductions that have already occurred will keep the headline inflation rate
below the underlying rate for some time.
As I shall mention
below, this
point indicates an
interesting comparison with Peirce's idea of intelligibility as triadic and intuition as pre-intelligible.
Neville's work, which is still incomplete, seems to me to provide an
interesting alternative to Hall's view at many
points; see also the paper cited in note 13
below.
If you are
interested in a donation from Ballast
Point, please fill out the
below form.
There are some
interesting points about the heat levels
below, ranked from least to most pungent.
At this
point it seems very unlikely that USFL average ratings will fall
below a mid-6 for the year — particularly with the expected rise in fan
interest for the playoffs and the championship game in July.
We've listed the teams, the matchups, and the projected
point spreads
below along with notes of
interest for each team.
A number of Premier League sides have registered an
interest in all four at one
point or another, and
below is where we think they could move to if made available.
The ideas
below are just a starting
point; take it from here based upon your child's age and both of your
interests.
He
pointed out that of all who have indicated
interest in his seat, only Nwosu, who happens to be his son - in - law, qualifies for the job given that aside being
below 50 years of age, he has the capacity to immediately drive the state to its desired destination.
In the very short - term, the 200 basis
points cut in the policy rate is expected to immediately knock the policy rate, now at 23.5 per cent,
below the inter-bank
interest rate which is currently at 25.2 per cent.
The September and October guided park walks highlighted
below offer visitors varied terrain, great scenery,
interesting discussion
points, and different levels of walking (1 sneaker is easy, 2 sneaker is moderate, 3 sneaker is strenuous):
The walks highlighted
below offer varied terrain, great scenery,
interesting discussion
points, and different levels of walking (1 sneaker is easy, 2 sneaker is moderate, 3 sneaker is strenuous).
This app gives you a virtual porthole through the floor of the plane, showing you a closeup of the landscape five miles
below you, complete with annotations that identify
points of
interest, fascinating facts, and funny local tales.
Another
interesting material: eutectic alloys, whose melting
point is well
below that of the components.
If you are
interested in a very detailed and comprehensive analysis in the flaws in this study, I would encourage you to review Denise Minger's post from last week.5 I will summarize some of the salient
points below.
A properly formulated weight loss product will give you a boost of energy, suppress your appetite slightly, help balance your blood sugar levels, provide mental focus and sometimes even more (if you're
interested I've wrapped up these
points and more in the video just
below).
Here's a little Alcohol 101: (this is REALLY
interesting, but feel free to skip straight to the numbered
points below if you want to get straight to the nutritional advice.)
A further
interesting point was that many people who subsisted on this diet (and doing well) were eating less than 20g / day of protein — far
below the recommended daily amount necessary and far, far, far
below current intakes.
SEE ALL TRAILERS
BELOW Review: There's an
interesting concept being poorly served by a trailer here when no one can tell precisely what the
point of the whole film really is.
Please see the schedule
below if you are
interested in attending or know other families that would like to attend and learn more about Renaissance Charter at Crown
Point.
For those of you
interested in just the email exchanges, as a follow - up to my previous post here, I've pasted the highlights of the conversation for you all
below... with compliments to Valerie for including what she viewed as the key
points for discussion / thought.
Whether you are
interested in day trading strategies for Emini futures or Dax futures, all the
points and examples
below are applicable.
I don't have a problem with the
points you find offensive (for reasons I explain
below) but it always bugged me that the ad still says: «None of the banks offer high
interest», which isn't really true anymore.
This means that if your daily average or daily minimum falls
below a certain
point, you lose out on the optimal
interest for the entire month.
If the rewards you are
interested in are of low
point value (
below $ 0.01), or not listed above, or if you are unsure of whether you can completely pay off a balance each month it is recommended that you consider other options.
Even at a full percentage
point higher than where they are now,
interest rates still would be well
below long - term norms.
The table
below shows the break even
point when buying 1 or 2
points for a 30 - year, $ 250,000 loan with a 4.5 %
interest rate.
Below are the different
interest rate cap structures for the various ARM products: 5 -, 7 - and 10 - year hybrid ARM have annual caps of two percentage
points, and life - of - the - loan caps of six percentage
points.
In general, only borrowers who expect to keep their loans for many years should opt for
below - market
interest rates by paying mortgage origination
points or forgoing automobile rebates.
So while someone with an 800 credit score might only pay 3.5 percent on their mortgage, someone with a 650 or
below may pay a full percentage
point or more higher, which will likely equate to paying the lender tens of thousands of dollars more in
interest over the life of the loan.
The information
below discusses «
Points» and «Lender Credits» that are negotiated between you and your lender in exchange for a lower
interest rate.
But my
point is since real rates are significantly
below average and are artificially suppressed, the Shiller PE may do a good job of normalizing earnings over ten years, but not normalizing real
interest rates (there's nothing normal about 0 % real yields!).
He
pointed to an observation made by Warren Buffett that, if
interest rates stay
below 3 percent, higher valuation levels for stocks make sense.
If the TIPS has more than one issue date, you can click on the desired one to use as the starting
point for the OID and
Interest sections
below.