Sentences with phrase «of policy interest rates»

The range of policy interest rates among industrial countries remains unusually wide.

In my view, the current episode vindicates the position that monetary policy, narrowly defined as the setting of the policy interest rate, should be confined to targeting inflation.

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.

Important factors that could cause actual results to differ materially from those reflected in such forward - looking statements and that should be considered in evaluating our outlook include, but are not limited to, the following: 1) our ability to continue to grow our business and execute our growth strategy, including the timing, execution, and profitability of new and maturing programs; 2) our ability to perform our obligations under our new and maturing commercial, business aircraft, and military development programs, and the related recurring production; 3) our ability to accurately estimate and manage performance, cost, and revenue under our contracts, including our ability to achieve certain cost reductions with respect to the B787 program; 4) margin pressures and the potential for additional forward losses on new and maturing programs; 5) our ability to accommodate, and the cost of accommodating, announced increases in the build rates of certain aircraft; 6) the effect on aircraft demand and build rates of changing customer preferences for business aircraft, including the effect of global economic conditions on the business aircraft market and expanding conflicts or political unrest in the Middle East or Asia; 7) customer cancellations or deferrals as a result of global economic uncertainty or otherwise; 8) the effect of economic conditions in the industries and markets in which we operate in the U.S. and globally and any changes therein, including fluctuations in foreign currency exchange rates; 9) the success and timely execution of key milestones such as the receipt of necessary regulatory approvals, including our ability to obtain in a timely fashion any required regulatory or other third party approvals for the consummation of our announced acquisition of Asco, and customer adherence to their announced schedules; 10) our ability to successfully negotiate, or re-negotiate, future pricing under our supply agreements with Boeing and our other customers; 11) our ability to enter into profitable supply arrangements with additional customers; 12) the ability of all parties to satisfy their performance requirements under existing supply contracts with our two major customers, Boeing and Airbus, and other customers, and the risk of nonpayment by such customers; 13) any adverse impact on Boeing's and Airbus» production of aircraft resulting from cancellations, deferrals, or reduced orders by their customers or from labor disputes, domestic or international hostilities, or acts of terrorism; 14) any adverse impact on the demand for air travel or our operations from the outbreak of diseases or epidemic or pandemic outbreaks; 15) our ability to avoid or recover from cyber-based or other security attacks, information technology failures, or other disruptions; 16) returns on pension plan assets and the impact of future discount rate changes on pension obligations; 17) our ability to borrow additional funds or refinance debt, including our ability to obtain the debt to finance the purchase price for our announced acquisition of Asco on favorable terms or at all; 18) competition from commercial aerospace original equipment manufacturers and other aerostructures suppliers; 19) the effect of governmental laws, such as U.S. export control laws and U.S. and foreign anti-bribery laws such as the Foreign Corrupt Practices Act and the United Kingdom Bribery Act, and environmental laws and agency regulations, both in the U.S. and abroad; 20) the effect of changes in tax law, such as the effect of The Tax Cuts and Jobs Act (the «TCJA») that was enacted on December 22, 2017, and changes to the interpretations of or guidance related thereto, and the Company's ability to accurately calculate and estimate the effect of such changes; 21) any reduction in our credit ratings; 22) our dependence on our suppliers, as well as the cost and availability of raw materials and purchased components; 23) our ability to recruit and retain a critical mass of highly - skilled employees and our relationships with the unions representing many of our employees; 24) spending by the U.S. and other governments on defense; 25) the possibility that our cash flows and our credit facility may not be adequate for our additional capital needs or for payment of interest on, and principal of, our indebtedness; 26) our exposure under our revolving credit facility to higher interest payments should interest rates increase substantially; 27) the effectiveness of any interest rate hedging programs; 28) the effectiveness of our internal control over financial reporting; 29) the outcome or impact of ongoing or future litigation, claims, and regulatory actions; 30) exposure to potential product liability and warranty claims; 31) our ability to effectively assess, manage and integrate acquisitions that we pursue, including our ability to successfully integrate the Asco business and generate synergies and other cost savings; 32) our ability to consummate our announced acquisition of Asco in a timely matter while avoiding any unexpected costs, charges, expenses, adverse changes to business relationships and other business disruptions for ourselves and Asco as a result of the acquisition; 33) our ability to continue selling certain receivables through our supplier financing program; 34) the risks of doing business internationally, including fluctuations in foreign current exchange rates, impositions of tariffs or embargoes, compliance with foreign laws, and domestic and foreign government policies; and 35) our ability to complete the proposed accelerated stock repurchase plan, among other things.

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.

The ECB, however, said after its latest policy - making meeting Thursday that it still doesn't expect to raise its own interest rates until «well past» September next year — and even then, only if it is absolutely sure that inflation is back on track after a decade of undershooting.

«I think of it as a local phenomenon,» he said of real - estate prices, effectively ruling out the possibility that his interest - rate policy has stoked a national mania.

October 21st, just two days after the election, will see the release of the next Monetary Policy Report along with another interest rate announcement.

OTTAWA - Bank of Canada key policy interest rate announcement and monetary policy report 1400 GMT.

Officials from the government shared their concerns about higher interest rates with a Bloomberg reporter, violating the convention of keeping politics out of the day - to - day handling of monetary policy.

An Australian banker caught on live TV showing a high interest rate in nearly - naked photos of supermodel Miranda Kerr has launched a viral video that has already drawn hundreds of thousands of views on YouTube — and fresh debate about employer Internet policies.

The U.S. is primed for higher interest rates, but the Bank of Canada won't follow suit until there are real policy changes — not just Trump Tweets — to act on

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.»

So that policy response is going to lead to slightly higher inflation in terms of wages and slightly higher interest rates, and the market had to respond to that.

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

Druckenmiller argues the U.S. Federal Reserve has artificially suppressed interest rates and refers to the current situation as the most excessive and drawn out monetary easing policy in the history of the United States.

His remarks can't be considered a roadmap for the future path of interest rates; he made a point of stating that every policy meeting is «live,» meaning the latest data could alter assumptions.

The members of the Bank of Canada's policy committee, like plenty of others, thought they were going to cut interest rates in January.

I'm glad you brought it up, because it shows how unreliable interest rates can be as an indicator of appropriate monetary policy.

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.

CNBC's Kelly Evans sits down with billionaire investor Paul Singer of Elliott Management to talk about central bank policy, interest rates and gold.

On Dec. 7, the Bank of Canada endorsed negative interest rates as a viable emergency stimulus measure, a significant shift that demonstrates the extent to which monetary policy has evolved since the Great Recession.

Specifically, there are concerns about what might happen should the tide turn in the bond markets when 30 years of falling interest rates reverses at a time when the Federal Reserve is preparing to tighten monetary policy by forcing rates higher.

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.

Shirakawa's doubts kept the BOJ firmly focused on interest rates, rather than the size of its balance sheet, even after it had driven its policy rate down close to zero after the global financial crisis.

Some still advocate sticking to a policy of nudging down interest rates further, such as by scrapping a 0.1 percent floor set on money market rates.

With his first interest rate announcement this week, Poloz's run as central policy maker at the Bank of Canada is officially underway.

But at that point, the Fed chair Janet Yellen and the other members of the interest rate - setting committee seemed to side with the idea that Trump's policies would do more to help the economy than hurt it.

If we came to learn that excessive household debt posed a bigger threat to economic growth than does a certain level of government debt, then policy makers would want to take that into account when setting interest rates.

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 divergence in policy between the U.S. Federal Reserve and the Bank of Canada is happening: the Fed likely will raise interest rates at least a few times in 2017, while the Canadian central bank likely will do nothing at all.

But rather than politics, Darby, in a Dec. 3 report, wrote it's the country's monetary policy — the Bank of Thailand surprised analysts with an interest rate cut last month to boost growth — that «ought to be setting the alarm bells ringing in investors ears.»

The Governing Council left the benchmark interest rate unchanged at its ultra-low setting of 0.5 %, but policy makers were less than enthusiastic about the Canada's prospects.

The 30 - day Fed Fund futures can be used as a guide to predict when the Fed might increase interest rates since the prices are an expression of trader's views on the likelihood of changes in U.S. monetary policy.

While Kuroda has pledged to maintain the BOJ's ultra-easy policy, he has refuted arguments that the stimulus programme needs to be expanded and has signaled the possibility of raising interest rates if inflation prospects brighten.

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.

That debate takes place internally at the central bank, where contrasting views are regularly articulated by members of the Federal Open Market Committee (FOMC) as our Federal Reserve (Fed) policymakers attempt to steer monetary policy with regard to interest rates.

His normally boilerplate explanation for his interest rate decision contained a new line: «Some modest withdrawal of the present considerable monetary policy stimulus may become appropriate.»

«Emerging market powers eager to move away from being tied to the monetary policy of the U.S. and the banking system as well as to adopt the block chain as a payment system prove willing adherents as they adjust to zero interest rates and the decrease in systematic risk.»

Subdued inflation forced the BOJ to revamp its policy framework in 2016 to one better suited for a long - term battle against deflation, which targets interest rates instead of the pace of money printing.

To stage another fiscal drama just as the Federal Reserve starts to roll back its quantitative easing policy (which will put upward pressure on interest rates, including those on residential mortgages) would like banging pots and pans in the midst of an already distressed cattle.

He has implemented a massive stimulus policy by cutting the central bank's benchmark interest rate to negative, keeping the 10 - year Japanese government bond yield near 0 percent in an effort to control the yield curve and stepping up the Bank of Japan's asset purchases.

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.

The Bank of Canada wasn't so disenchanted that it felt a policy change was needed: policy makers left the benchmark interest rate unchanged at the ultra-low setting of 0.5 %.

While the Fed has indicated it plans to raise short - term interest rates, the uncertain domestic and global economies and the still - loosening monetary policy of central bankers in other countries suggests that rates could remain very low for a long time still.

Such risks, uncertainties and other factors include, without limitation: (1) the effect of economic conditions in the industries and markets in which United Technologies and Rockwell Collins operate in the U.S. and globally and any changes therein, including financial market conditions, fluctuations in commodity prices, interest rates and foreign currency exchange rates, levels of end market demand in construction and in both the commercial and defense segments of the aerospace industry, levels of air travel, financial condition of commercial airlines, the impact of weather conditions and natural disasters and the financial condition of our customers and suppliers; (2) challenges in the development, production, delivery, support, performance and realization of the anticipated benefits of advanced technologies and new products and services; (3) the scope, nature, impact or timing of acquisition and divestiture or restructuring activity, including the pending acquisition of Rockwell Collins, including among other things integration of acquired businesses into United Technologies» existing businesses and realization of synergies and opportunities for growth and innovation; (4) future timing and levels of indebtedness, including indebtedness expected to be incurred by United Technologies in connection with the pending Rockwell Collins acquisition, and capital spending and research and development spending, including in connection with the pending Rockwell Collins acquisition; (5) future availability of credit and factors that may affect such availability, including credit market conditions and our capital structure; (6) the timing and scope of future repurchases of United Technologies» common stock, which may be suspended at any time due to various factors, including market conditions and the level of other investing activities and uses of cash, including in connection with the proposed acquisition of Rockwell; (7) delays and disruption in delivery of materials and services from suppliers; (8) company and customer - directed cost reduction efforts and restructuring costs and savings and other consequences thereof; (9) new business and investment opportunities; (10) our ability to realize the intended benefits of organizational changes; (11) the anticipated benefits of diversification and balance of operations across product lines, regions and industries; (12) the outcome of legal proceedings, investigations and other contingencies; (13) pension plan assumptions and future contributions; (14) the impact of the negotiation of collective bargaining agreements and labor disputes; (15) the effect of changes in political conditions in the U.S. and other countries in which United Technologies and Rockwell Collins operate, including the effect of changes in U.S. trade policies or the U.K.'s pending withdrawal from the EU, on general market conditions, global trade policies and currency exchange rates in the near term and beyond; (16) the effect of changes in tax (including U.S. tax reform enacted on December 22, 2017, which is commonly referred to as the Tax Cuts and Jobs Act of 2017), environmental, regulatory (including among other things import / export) and other laws and regulations in the U.S. and other countries in which United Technologies and Rockwell Collins operate; (17) the ability of United Technologies and Rockwell Collins to receive the required regulatory approvals (and the risk that such approvals may result in the imposition of conditions that could adversely affect the combined company or the expected benefits of the merger) and to satisfy the other conditions to the closing of the pending acquisition on a timely basis or at all; (18) the occurrence of events that may give rise to a right of one or both of United Technologies or Rockwell Collins to terminate the merger agreement, including in circumstances that might require Rockwell Collins to pay a termination fee of $ 695 million to United Technologies or $ 50 million of expense reimbursement; (19) negative effects of the announcement or the completion of the merger on the market price of United Technologies» and / or Rockwell Collins» common stock and / or on their respective financial performance; (20) risks related to Rockwell Collins and United Technologies being restricted in their operation of their businesses while the merger agreement is in effect; (21) risks relating to the value of the United Technologies» shares to be issued in connection with the pending Rockwell acquisition, significant merger costs and / or unknown liabilities; (22) risks associated with third party contracts containing consent and / or other provisions that may be triggered by the Rockwell merger agreement; (23) risks associated with merger - related litigation or appraisal proceedings; and (24) the ability of United Technologies and Rockwell Collins, or the combined company, to retain and hire key personnel.

The Bank of Japan (BOJ) kept its monetary policy on hold, leaving the short - term interest rate target at minus 0.1 percent.