Sentences with phrase «month by a quarter of a percentage point»

The country's biggest banks raised their prime rates after the Bank of Canada hiked its overnight lending rate earlier this month by a quarter of a percentage point to 1.25 per cent.

Not exact matches

The last time the U.S. went through a partial government paralysis in 1995 - 1996 — for roughly three weeks in two separate instances — economic growth slowed by a quarter of a percentage point during the last three months of 1995.

The each said that they expect interest rates to increase by another quarter - point before the end of the year — making for a full percentage point increase in 12 months.

After seven years of very low interest rates, the Bank of Canada raised its key interest rate by another quarter of a percentage point, up to 1 % from 0.75 % this month.

Average card rates have climbed steadily this year, expanding by more than three quarters of a percentage point in just nine months.