Sentences with phrase «low policy rate»

Of most importance to keeping a low policy rate on car insurance for young people is to do your best at keeping a clean driving record.

This is because, even if you find a low policy rate, if you are not working with one of the best life insurance companies, the company has a poor reputation for paying out its policyholder claims, or if it isn't financially stable, then it might not be the right policy for you.

Although we knew that lowering the policy rate could worsen vulnerabilities related to household debt, we also knew that it would counter the risk that growth would crater and lessen the probability that the oil price shock would trigger financial stability risks.

While the Fed certainly considers much more than the superficial headline number in its analysis of inflation, some of those who interpret the Fed's actions make this overly simplistic assertion: Inflation is too low today and therefore justifies the maintenance of low policy rates.

It was designed to encourage lending to households and businesses at a time when banks were facing increasing funding costs, which meant that borrowers weren't getting the full benefit of low policy rates.

As with forward guidance, this can enhance the impact of lower policy rates by spreading the effect to a wider range of borrowers, thereby boosting economic growth.

This, then, appears to support the endogenous view of the low policy rates argued by Bernanke and Summers.

Third, in response to slower growth and lower inflation (owing partly to lower commodity prices), the world's major central banks pursued another round of unconventional monetary easing: lower policy rates, forward guidance, quantitative easing (QE), and credit easing.

In Europe, the European Central Bank reduced its official interest rate in June by 50 basis points to 2 per cent; the Bank of England also lowered its policy rate in July by 25 basis points to 3 1/2 per cent; and official interest rates in Sweden declined by 75 basis points to 2 3/4 per cent in moves of 50 and 25 basis points in June and July.

It is dangerous to try to stabilize that instability, to create a great moderation of volatility, to keep marginal concepts from failing, whether through fiscal means (tax incentives and subsidies), or monetary policy (lower the policy rate or some banks will fail).

This was a result of low inflation and low policy rates worldwide.

Central bankers were annoyed that private lenders balked at transmitting lower policy rates.

If you have a clean car driving history, you will be much more likely to be offered a lower policy rate.

While a look at the state average can tell us that New Mexico auto insurance is definitely on the lower end of policies nationwide (of the 5 neighboring states, only Utah and Oklahoma average lower policy rates), the only way for us to know if we are paying too much for our particular policies is to get multiple quotes from different insurance providers.

Read on to find out some of the factors that can raise and lower policy rates for a first - time NYC driver.

You may be able to get even lower policy rates if you qualify for discounts.

You may be able to further lower your policy rate by taking advantage of discounts offered by some insurance providers.

Make sure to ask your insurer if these security measures will earn you a discount.You may also be able to lower your policy rate by taking advantage of discounts that are offered by many insurance companies.

Not exact matches

Unless something drastic happens, the era of low - for - longer interest - rate policy is nearing an end.

Its policy of maintaining extremely low interest rates has been, in large part, responsible for fueling the current mania for housing.

Before Yellen addressed the Economic Club of Washington, her counterparts in Ottawa released their latest policy statement, in which Canada's central bank said it was keeping its benchmark interest rate at 0.5 %, a quarter - point shy of the lowest level ever.

Those federal rules, which double down on restrictions adopted in 2014 and stern warnings to lenders issued by OSFI earlier this summer, require banks to qualify borrowers at higher interest rates, impose additional limits on mortgages for buyers with small down payments, and compel financial institutions to share the risk by taking out insurance policies on low - ratio mortgages.

Bernanke said specifically, when citing the lesson of Milton Friedman: «We didn't allow the fact that interest rates were very low to fool us into thinking that monetary policy was accommodative enough.»

He also recalled one of Friedman's most important lessons, that low interest rates are not the same as loose policy.

Thanks in large part to low overhead costs, the company is able to offer rates as low as $ 5 for many of its renters policies.

The Australian dollar has followed Wall Street lower after the US Federal Reserve indicated that it is on track to raise its interest rate at its next policy meeting in June.

«In such circumstances, fiscal policy may be called upon to provide stimulus, particularly since it is likely to be more effective at low interest rates,» Lane said.

First the line about «it shows how unreliable interest rates can be as an indicator of appropriate monetary policy» means that low interest rates do not necessarily mean loose policy.

Gold slid to a four - month low on Tuesday as the dollar strengthened ahead of a US Federal Reserve policy meeting that is being watched for clues on the future pace of interest rate hikes.

Even though the U.S. unemployment rate is at its lowest level since early 2008, America's central bank opted to leave its policy rate unchanged last week.

The asymmetry of prospective rate moves in different parts of the curve with short rates at the zero lower bound, explicit forward guidance about future policy decisions and massive asset purchase programs may result in a higher likelihood of one - sided markets, which may in turn impair liquidity, or at least lead one to conclude from liquidity indicators that markets have become more illiquid.

In the category of communications policy, we also extended our estimate of how long we expect to keep the short - term interest rate at exceptionally low levels to at least mid-2015.

Bernanke himself made clear Monday, as he has in the past, that the Fed's low - rate policies are no panacea for the economy.

This comes after years of record low rates across the globe due to aggressive monetary policy by central banks.

Even though our activities are likely to result in a lower national debt over the long term, I sometimes hear the complaint that the Federal Reserve is enabling bad fiscal policy by keeping interest rates very low and thereby making it cheaper for the federal government to borrow.

Trump said he used to invest in U.S. stocks but got out because «I don't like what I'm seeing at all,» pointing to U.S. immigration policies, Syrian refugees, and what he said were «artificially low» interest rates.

It achieves that by raising or lowering its policy interest rate, which influences other interest rates such as what you'll pay on your mortgage or auto loan, and the return you'll get on the balance in your savings account.

I would encourage you to remember that the current low levels of interest rates, while in the first instance a reflection of the Federal Reserve's monetary policy, are in a larger sense the result of the recent financial crisis, the worst shock to this nation's financial system since the 1930s.

The Fed's low interest rate policy has driven more and more money into bond funds as investors search for higher yields.

The Fed under Yellen has carefully stripped its policy statement of most future - oriented promises to keep rates low, along with ending crisis - era asset purchase programs.

Australian shares were down 0.6 % after the Reserve Bank of Australia's policy board decided to cut its benchmark interest rate by 25 basis points to an all - time low of 1.50 %, as expected.

I think that we face a structural problem in monetary policy and that is when recession comes we lower interest rates by... three percentage points.

Weighed against unemployment, which has dropped to a 16 - year low at 4.1 percent, that weakness has puzzled economists and made some policy makers declare the Fed should hold off on additional rate increases until prices respond more briskly.

I do think, as you put it before, that the equity market does rely on us having somewhat lower rates and the Fed normalizing policy fairly gradually.

«One specific consequence would be that even extraordinarily low policy interest rates could prove to be less stimulative than in normal circumstances,» Poloz said.

«Even during the Great Depression of the 1930s, policy rates and longer - term rates in the most affected countries (like the U.S.) were never reduced to such low levels,» wrote William White, chairman of the Economic Development and Review Committee at the OECD in Paris, in a recent paper.

On purely utilitarian grounds, it is desirable to have a higher proportion of economic growth going to low and middle - income Canadians, so long as the policies to get us there do not reduce the growth rate of the economy.

In his job as an activist at the Center for Popular Democracy, Barkan led a successful effort to get Fed officials thinking more about low - income Americans as they conduct monetary policy, often arguing against interest rate hikes in the face of high underemployment and weak wage growth.

The most important policy action for mitigating the damage of a recession is for the central bank to keep interest rates low, according to the respondents, followed by increasing spending on transportation and other infrastructure projects.

A slow uptick in rates, driven by Federal Reserve policy, could pull the punch bowl a bit farther away, and it would trim the lower reaches of the lending spectrum, helpfully constraining subprime loans.