Timmer: Yeah, so last August which was a key inflection point for the market — because at that point, nobody was expecting tax cuts anymore and the 10 - year Treasury had fallen to 2 %, and the bond market which of course is always pricing in the potential future, was pricing in only one
more rate hike over the subsequent two years.
Not exact matches
«As QE (quantitative easing) moves towards the end, markets focus
more on
rate hikes,» Ricardo Garcia, chief euro zone economist at UBS, said when asked why the euro is set to appreciate
over the coming months.
The bank also reiterated that
more interest
rate hikes will likely be necessary
over time, but that the governing council will remain cautious when considering future decisions.
LONDON, May 3 - World stocks made little progress on Thursday as worries
over global trade tensions weighed, while the U.S. dollar consolidated recent bumper gains after the Federal Reserve reaffirmed the outlook for
more rate hikes.
The
hikes ultimately will return the central bank's key short - term
rate, called the federal funds
rate, to about 4 percent
over the next two years, which economists generally consider
more a sustainable level.
«The economy has never been as levered as it currently is, and the economy is far
more interest sensitive than it has been in the past, to a degree that we don't have certainty
over how each interest
rate hike is going to affect Canadian consumers,» said Frances Donald, senior economist at Manulife Asset Management, by phone from Toronto.
Of the 15 officials offering forecasts on interest
rate increases
over the balance of 2018, seven expect three or
more additional
rate hikes while eight are calling for two or fewer.
Yellen conceded that the Fed still likely will need to implement «gradual
rate hikes»
over «the next few years,» but markets took her statement to mean that the central bank position could be
more dovish than anticipated.
The answer to this question may be revealed
over the course of this year, if the Fed follows through with two
more rate hikes.
We expect the Bank to
hike interest
rates just two
more times
over the next two years.
Hydro — Despite telling voters ahead of the election that hydro
rates wouldn't necessarily go up, as soon as the election was
over the Clark government announced a massive 28 - per - cent
hike, which will make customers pay $ 477
more on their bill.
The proposed city income tax
hike would raise the
rate for individuals making
more than $ 500,000 and married couples earning
over $ 1 million from 3.876 percent to 4.41 percent.
While market participants may expect interest
rate hikes to negatively affect Asian high - yield stock performance, it is notable that their performance has been much
more sensitive to economic cycles than to U.S. interest
rate cycles
over the past decade.
We believe the Federal Reserve's quarter - point interest
rate increase in December 2017, as well as potential
rate hikes in 2018, will benefit bank lending margins
more than the
rate increases that occurred
over the last 12 to 18 months.
Late payments can also lead to an interest
rate hike, which would make credit
more expensive
over the long - term, she adds.
Infractions such as careless driving, failure to stop and driving
more than 30 miles - an - hour
over the speed limit can cause a
hike of about 15 percent in your insurance
rates, Lauderdale said.
In the state of Alaska, traffic school is
more commonly called defensive driving and can be a great option to avoid expensive insurance
rate hikes and points on your record if you are pulled
over and get a ticket.
With all signs pointing to a record - breaking Spring 2017 for housing, and possibly two to three
more interest
rate hikes by the Fed this year, it will be interesting to watch closely if homebuyers will keep buying, and if or when their confidence jitters may take
over.