Sentences with phrase «more than the rate of inflation»

I see no logic to increasing taxes more than the rate of inflation.

In fact, currently, most savings accounts don't pay more than the rate of inflation.

Not exact matches

Hence the question: Is it reasonable to expect that marginally looser policies would now lead to more than tripling of the growth rate (to 1.5 - 2 percent) over the next two years, while raising the inflation rate from -0.3 percent to 2 percent — as the Bank of Japan is promising?

At the Federal Reserve's target rate of 2 percent, inflation could erode more than $ 73,000 of a retiree's purchasing power over 20 years if that person were receiving the monthly average Social Security retirement payment of $ 1,341.

Stocks have plunged in the last week as traders worried about rising interest rates and inflation, bringing an end to more than a year of historically low volatility.

The somewhat stronger U.S. inflation signal implies a modestly more hawkish U.S. Federal Reserve tightening cycle than what we would expect to see out of the Bank of Canada (BoC) after it left its key overnight lending rate unchanged at 1 % this month.

British inflation fell to its lowest level in more than 12 years in November, coming in at half the Bank of England's two percent target and leaving it under no pressure to raise interest rates anytime soon.

Turkey's annual inflation rate went up more than expected in August to 7.14 percent, moving further away from the central bank's target inflation of 5 percent.

For four consecutive months, core inflation has hovered below 2 % and it has not visibly overshot 2 % for more than 20 years, even during periods of unemployment, falling well below the non-accelerating inflation rate of unemployment (NAIRU).

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 poliinflation, 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 poliInflation is too low today and therefore justifies the maintenance of low policy rates.

Precious and Industrial Metals Inflation concerns, geopolitical tensions and interest - rate levels, especially real yields, contributed to a 1.7 % rise in the spot price of gold (to US$ 1,325 per troy ounce), as did swings in the US dollar.1 Gold prices traded within the US$ 1,305 — 1,360 range throughout the period, reached 18 - month highs in March and capped their third straight quarterly gain, a feat not seen since 2011.1 Haven demand was a key support as exchange - traded gold holdings of 2,269 metric tons (mt) neared a five - year high.1 The Fed is widely expected to boost borrowing costs, and investors have been carefully watching the central bank's statements to see whether it targets more rate increases in 2018 than previously projected.

In fact, the Bank of Canada should now be more concerned about the exchange rate than the inflation rate.

Consumer prices, usually more stable than producer prices, have also accelerated on a similar basis from a recorded inflation rate of less than 1.0 percent last summer to 2.4 percent over the 12 - months ended this past March, also a smart acceleration in a brief time.

The rationale to hike interest rates would be to quell inflation, which is little more than half of the central bankâ $ ™ s 2 % target.

Following his comments, with the prospect of a rise in eurozone interest rates apparently pushed back to 2018 at the earliest, the euro — which had already dipped in the wake of the lower - than - expected inflation figures — gave up more ground.

The tumult that saw global equity markets begin to fall at the beginning of February was triggered by U.S. jobs data that showed wages grew more than anticipated, raising worries that signs of higher inflation might push the U.S. Federal Reserve to increase interest rates more quickly.

At the same time, signs of emerging inflation pressures may elevate concern among investors that policy makers will have reason to raise interest rates more aggressively than anticipated.

The payment of GST on insurance premiums has boosted those components of CPI inflation over the past year; the method of measurement based on premiums net of claims means that the recorded price of insurance in the CPI has increased by more than the GST rate.

As usual, I don't place too much emphasis on this sort of forecast, but to the extent that I make any comments at all about the outlook for 2006, the bottom line is this: 1) we can't rule out modest potential for stock appreciation, which would require the maintenance or expansion of already high price / peak earnings multiples; 2) we also should recognize an uncomfortably large potential for market losses, particularly given that the current bull market has now outlived the median and average bull, yet at higher valuations than most bulls have achieved, a flat yield curve with rising interest rate pressures, an extended period of internal divergence as measured by breadth and other market action, and complacency at best and excessive bullishness at worst, as measured by various sentiment indicators; 3) there is a moderate but still not compelling risk of an oncoming recession, which would become more of a factor if we observe a substantial widening of credit spreads and weakness in the ISM Purchasing Managers Index in the months ahead, and; 4) there remains substantial potential for U.S. dollar weakness coupled with «unexpectedly» persistent inflation pressures, particularly if we do observe economic weakness.

But policy makers appeared to hint that they had little fear that inflation was running out of control, which traders took as a sign the Fed won't feel compelled to move more aggressively than expected to lift rates in the future.

And if the fiscal problem becomes unstable — more deficit to finance than security markets will allow, the Fed will obey its political masters and finance the deficit by a hyper - inflation, or hyper - tax, as a burgeoning inflation simply taxes all fixed dollar wealth — bonds, dollars, life insurance values, etc. — by the rate of price level increase.

Eurostat also said the annual rate of inflation fell to 1.2 % in April from 1.7 % in March, to hit its lowest level in more than three years.

This was largely a function of the coincidence of high real interest rates and high asset price inflation over much of the period — more so, perhaps, than the exercise of exceptional investment skills as such.

Investing in currency involves additional special risks such as credit, interest rate fluctuations, derivative investment risk, and domestic and foreign inflation rates, which can be volatile and may be less liquid than other securities and more sensitive to the effect of varied economic conditions.

For another example, a 1 % decline in inflation expectations would not result in a more bearish backdrop for gold if it were accompanied by a decline of more than 1 % in the nominal interest rate.

But they have more misgivings than they once might have had about attempts to meet inflation and / or unemployment mandates that ignore the financial implications of the interest rate settings thought necessary to reach those goals.

For example, a 2 % rise in inflation expectations would only result in a more bullish backdrop for gold if it were accompanied by a rise of less than 2 % in the nominal interest rate.

As we have witnessed since April 2009, the central banks around the globe have created more credit (counterfeit «money») than in any other period in history and now that inflation is starting to once again emerge, they are threatening to raise interest rates to get ahead of the curve.

Notably, the year - over-year rate of core consumer inflation (excluding food and energy) ticked up to 2.1 % in March, the highest in more than a year.

In the short run, the inflation rate could decline more than forecast if the exchange rate were to appreciate further, or if the degree of pass - through is greater than expected due to strong competition in the retail sector.

And yes, there has been inflation, but it is widely and credibly reported that higher education costs have risen far more and far faster than the general rate of inflation.

It also confirms more than any other evidence that the universe had a beginning and expanded at a rate faster than the speed of light within less than a trillion of a trillion of a trillion of a second — less than 10 ^ -35 of a second — of the Big Bang by detecting the miniscule «light polarizations» called B - Modes caused by the Gravitational Waves — which were theorized in 1916 by Albert Einstein in his Theory of General Relativity but never detected before — of the Inflation of the Big Bang which are embedded in the Cosmic Microwave Background Radiation — CMB or CMBR that was discovered by American scientists back in 1964.

In his seven years as president, President Houshmand has implemented many programs and initiatives to decrease the cost of higher education, including creating a $ 25,000, four - year bachelor's degree program, awarding more than $ 27 million annually in scholarship funds and waivers, and committing to capping tuition and fee increases at or lower than the rate of inflation for his tenure.

Cameron's commitment to spending more on health than the rate of inflation every year of the next election will still leave the NHS under significant cost pressure as it tries to deal with the soaring demands of an elderly society.

Uprating benefits at 1pc, means people get more cash, but less than the rate of inflation.

«And while more people are in work, they are still getting poorer in real terms as wages grow at less than half the rate of inflation.

Cuomo's proposal, modeled after nearby Massachusetts's successful Proposition 2 1/2, would limit property - tax increases to no more than 2 percent or 120 percent of the inflation rate, whichever is lower.

• Property tax levies in New York grew by 73 percent from 1998 to 2008 - more than twice the rate of inflation during that period

That's more than personal income has grown and it's double the rate of inflation.

Those in receipt of working - age benefits including - child benefit, child tax credit, income support, universal credit and jobseekers» allowance - have more reason than most to worry about inflation as all of these have just been frozen for four years, along with local housing allowances which determine housing benefit rates.

In practice it is slightly more complex than this as inflation can reduce the effective size of a debt and you can borrow money to pay off debts to get better interest rates, and for a whole country the value of the currency has a significant effect,

If the actual rate of inflation misses the target by more than one per cent, the Bank must provide an explanation.

The idea to stabilize property taxes was simple: Get local government and school officials to limit tax collections from growing by no more than 2 percent each year, or the rate of inflation.

Aides to Cuomo, on the other hand, said the cap in its current form has succeeded in curbing growth in school taxes that used to increase regularly each year by more than twice the rate of inflation.

The state's tax cap, which exempts New York City, makes it difficult for localities and school districts to raise property taxes by more than 2 percent or the rate of inflation, whichever is lower.

That's more than twice the rate of inflation during that period.»

It requires school districts to limit the increase in their tax levy — the total amount of taxes they collect — to not more than 2 percent or the inflation rate, whichever is lower.

The new law, which has been kicked around the state government for more than 15 years, caps property tax increases at 2 percent, or the rate of inflation, whichever is less.

The Citizens Budget Commission, a watchdog group, took a dim view of the budget proposal, noting that it «increases operating spending at more than twice the rate of inflation and misses an opportunity to bolster reserves» when tax revenue is pouring in.

Indeed, in recent years, prices of luxury fashion products have grown at more than twice the rate of general inflation.