Sentences with phrase «of federal borrowings»

Not exact matches

When the Federal Reserve boosts its target funds rate, banks are quick to follow suit by increasing the cost of borrowing on everything from credit cards to home equity lines of credit.

For what it's worth, I think the strategy would also likely be ineffective: Suppose, notwithstanding our legal mandate, the Federal Reserve were to raise interest rates for the purpose of making it more expensive for the government to borrow.

To come up with these new rules, NYDFS officials went to the National Institute of Standards and Technology (NIST) and borrowed the cybersecurity policies and practices that the U.S. Government requires all federal agencies to adhere to.

If that hypothetical student borrowed using a federal direct loan for graduate school, which had a rate of 5.84 percent last academic year, she would have accrued $ 1,682 in interest during the grace period.

Earlier in the month, the Federal Reserve raised the funds rate by 25 basis points, its fifth increase since December 2015, which impacts some of the terms by which you borrow money and access credit.

WASHINGTON, April 18 - «Robust» business borrowing, rising consumer spending, and tight labor markets indicate the U.S. economy remains on track for continued growth, the Federal Reserve reported on Wednesday, with the risks of a global trade war the one big outlier.

Richmond Federal Reserve President Jeffrey Lacker — a known proponent for raising rates and a non-voting member of the FOMC this year — said Tuesday there was a strong case for raising interest rates, arguing that borrowing costs may need to rise significantly to keep inflation under control.

And the same article referenced a similarly startling fact from a 2015 study by the Federal Reserve: «47 percent of respondents said they either could not cover a $ 400 emergency expense or would have to sell something or borrow money.»

Currently, 47 percent of Americans said they either could not afford an emergency expense of $ 400, or would cover it by selling something or borrowing money, according to a separate report by the Federal Reserve Board's Division of Consumer and Community Affairs.

, or would cover it by selling something or borrowing money, according to a separate report by the Federal Reserve Board's Division of Consumer and Community Affairs.

Applying for and accepting federal loans may be a tedious process, but in general, you should opt for federal loans and borrow as little as possible in the form of private loans.

While it can be helpful to be able to have your parents borrow on your behalf, keep in mind that interest rates on PLUS loans are higher than on subsidized and unsubsidized federal direct student loans, and also carry a one - time loan fee of nearly 4.3 percent.

Following the primary dealer meetings, we solicit advice from the Treasury Borrowing Advisory Committee (a committee of the Securities Industry and Financial Markets Association (SIFMA) falling under the regulations of the Federal Advisory Committee Act and the Government Securities Act).

At July 28, 2012, borrowings under the Asset - Based Revolving Credit Facility bore interest at a rate per annum equal to, at NMG's option, either (a) a base rate determined by reference to the highest of (i) a defined prime rate, (ii) the federal funds effective rate plus 1/2 of 1.00 % or (iii) a one - month LIBOR rate plus 1.00 % or (b) a LIBOR rate, subject to certain adjustments, in each case plus an applicable margin.

At April 27, 2013, borrowings under the Asset - Based Revolving Credit Facility bore interest at a rate per annum equal to, at NMG's option, either (a) a base rate determined by reference to the highest of (i) a defined prime rate, (ii) the federal funds effective rate plus 1/2 of 1.00 % or (iii) a one - month LIBOR rate plus 1.00 % or (b) a LIBOR rate, subject to certain adjustments, in each case plus an applicable margin.

Finally, a team of six central banks, led by the U.S. Federal Reserve, took action, reducing the cost for banks — especially cash - strapped European ones — to borrow U.S. dollars.

With the passage of the Health Care and Education Reconciliation Act of 2010, students and their parents were eligible to borrow through the Federal Direct Loan Program through the Department of Education.

Mr. Zames is a former member and chairman of the U.S. Treasury Department's Treasury Borrowing Advisory Committee, and a former member of the Federal Reserve Bank of New York's Treasury Market Practices Group.

Once the federal government achieved a balanced budget, that interest rate risk premium quickly disappeared and all levels of government benefited through lower borrowing costs.

Although the Federal Reserve can impose reserve requirements on net Eurodollar deposits of U.S. - based banks, it has imposed a zero reserve requirement since 1990, making the treatment of Eurodollar deposits effectively the same as federal funds borrFederal Reserve can impose reserve requirements on net Eurodollar deposits of U.S. - based banks, it has imposed a zero reserve requirement since 1990, making the treatment of Eurodollar deposits effectively the same as federal funds borrfederal funds borrowings.

This means that if the federal government repairs the Champlain Bridge for $ 5 billion (which could be borrowed in financial markets in the first year of work) there would be no charge to the federal government spending in the federal budget until the bridge is repaired and vehicles are operating on it.

On this issue among others — like funding the government, raising the federal borrowing limit and financing highways — such business groups have found themselves at odds with traditional Republican allies who increasingly reflect a new populist strain of conservatism in the party that is often hostile toward big business.

Unlike the borrowings for these Crown corporations, the market debt of the federal government is not fully supported by offsetting assets.

This is because assets in the form of loans to these Crown corporations match federal borrowings related to these Crown corporations.

However, the budget also stated that the consolidation of these Crown borrowings would not have any effect on the federal government's debt.

Borrowings under the credit facility bear interest, at our option, at (i) a base rate based on the highest of the prime rate, the federal funds rate plus 0.50 %, and an adjusted LIBOR rate for a one - month interest period plus 1.00 %, in each case plus a margin ranging from 0.00 % to 0.75 %; or (ii) an adjusted LIBOR rate plus a margin ranging from 1.00 % to 1.75 %.

With the ending of the stimulus funding and the repayment of the principal on assets maturing under the Insured Mortgage Purchase Program, the federal government's new borrowing requirements are falling dramatically.

In order to stimulate the creation of a series of Canadian venture investment funds, at little cost to government, CATA proposes that the federal government borrow a page from the Israeli play book, with the structure proposed by VC expert Stephen Hurwitz6.

The Aussie will decline to 72 US cents by year - end as restrained economic growth and inflation mean the Reserve Bank of Australia will take a «few years» to catch up with the Federal Reserve in raising borrowing costs, said Philip Moffitt, Asia - Pacific head of fixed income in Sydney at the firm, which oversees more than $ US1 trillion.

Borrowings under our credit facility bear interest at a per annum rate equal to, at our option, either (a) for LIBOR loans, LIBOR (but not less than 1.0 %) or (b) for ABR loans, the highest of (i) the federal funds effective rate plus 0.5 %, (ii) the prime rate, or (iii) one month LIBOR plus 1.0 %, plus a margin ranging from 3.25 % to 3.75 % for LIBOR loans and 2.25 % to 2.75 % for ABR Loans, depending on our leverage ratio and on certain factors relating to this offering.

What's incorrectly termed «federal borrowing» is nothing more than the issuance of T - securities.

To put this number into context, the total Treasury debt held by the public today is about $ 15 trillion; a $ 5 trillion revenue shortfall would by itself require federal borrowing equal to one - third of the debt currently in the hands of the public.

C.D. Howe argues that the deleterious effects of chronic federal government borrowing on confidence and on national savings make the delay in eliminating deficits unwelcome.

Federal loan borrowers whose bills are more than 10 % of discretionary income, and who started borrowing money for school after July 1, 2014.

In the 2007 Budget, the federal government announced that it would borrow on behalf of the Business Development Bank of Canada, Farm Credit Canada and Canada Mortgage and Housing Corporation.

Borrowings under the refinanced Term Loan bear interest at a rate equal to, at our option, either (a) LIBOR (not less than 1.0 %) plus 3.0 % per annum or (b) 2.0 % per annum plus the highest of (i) the Federal Funds Rate plus 0.5 %, (ii) the Prime Rate, or (iii) one - month LIBOR plus 1.0 %.

With competitive rates and the ability to borrow up to the cost of attendance, obtaining a student loan through Navy Federal can help a student go to the college of his or her dreams.

The Fed has a dual mandate to maximize employment and stabilize inflation, which it tries to achieve primarily by pushing up or down the federal funds rate, the benchmark short - term financing cost for banks that influences a wide range of borrowing rates for households and businesses.

The Federal government is expected to boost the amount it intends to borrow in the coming months, as the Treasury contends with declining tax receipts as a result of the recent corporate and personal tax cuts, as well as widening budget deficits and a Federal Reserve that is slowly reducing its own holdings of government bonds.

Without authority to borrow money, President Barack Obama's administration would face immediate choices on which bills to pay: Federal employee salaries or Medicare recipients, out - of - work residents who receive federal unemployment benefits or investors who expect to receive interest payments on the country's current debt, veterans or air traffic contrFederal employee salaries or Medicare recipients, out - of - work residents who receive federal unemployment benefits or investors who expect to receive interest payments on the country's current debt, veterans or air traffic contrfederal unemployment benefits or investors who expect to receive interest payments on the country's current debt, veterans or air traffic controllers.

If you borrowed before July 1, 2010, some or all of your loans may have been made under an older federal student loan program called the Federal Family Education Loan (FFEL) Pfederal student loan program called the Federal Family Education Loan (FFEL) PFederal Family Education Loan (FFEL) Program.

One example of this process, confusingly, might even be the United States in the 1920s, as Marriner Eccles (the brilliant Federal Reserve chairman under then - president Franklin D. Roosevelt) explained endlessly to an uncomprehending elite: if all the chips at the poker table are held by the same few players, the only way the rest can keep playing with them is to borrow chips, even though in the end they will not be able to repay the loans.

While federal student loan consolidation simplifies the repayment process, it does not offer a reduction in aggregate interest rate, nor does it lower the total cost of borrowing.

Borrowings under our credit facility bear interest at a per annum rate equal to, at our option, either (a) for LIBOR loans, LIBOR (but not less than 1.0 % for the term loan only) or (b) for ABR loans, the highest of (i) the federal funds effective rate plus 0.5 %, (ii) the prime rate, or (iii) one month LIBOR plus 1.0 %, plus a margin ranging from 3.25 % to 3.75 % for LIBOR loans and 2.25 % to 2.75 % for ABR Loans, depending on our leverage ratio and on certain factors relating to this offering.

Borrowings under the refinanced Credit Facility bear interest at a rate equal to, at our option, either (a) LIBOR (not less than 1.0 % for the Term Loan only) plus 3.75 % per annum or (b) 2.75 % per annum plus the highest of (i) the Federal Funds Rate plus 0.5 %, (ii) the Prime Rate, or (iii) one - month LIBOR plus 1.0 %.

It reduced the cap on borrowing subject to the mortgage interest deduction (MID) from $ 1 million to $ 750,000, and capped deductions for state and local taxes, including property taxes, at $ 10,000.1 These changes, in combination with a doubling of the standard deduction, mean that many homeowners will experience a loss of tax benefits associated with homeownership, and the changes represent a significant shift in the federal government's willingness to promote and subsidize homeownership.

The interest rate was revised such that borrowings under the refinanced Term Loan bear interest at a rate equal to, at our option, either (a) LIBOR (not less than 1.0 %) plus 3.0 % per annum or (b) 2.0 % per annum plus the highest of (i) the Federal Funds Rate plus 0.5 %, (ii) the Prime Rate, or (iii) one - month LIBOR plus 1.0 %.

However, there are some cases where you can't borrow enough federal loans to pay for the full cost of attendance.

The U.S. Federal Reserve is set to hold interest rates steady this week but will likely further encourage expectations that it will lift borrowing costs in June on the back of rising inflation and low unemployment.

Yet instead of enhancing the Fed's conventional powers of monetary control, the ballooning of the Fed's balance sheet has sapped those powers by making it unnecessary for banks to routinely borrow from one another in the federal funds market to meet their legal reserve requirements.