Sentences with phrase «percentage points cut»

However, in November 2008 when the global economic crisis led to an unprecedented 1.5 percentage points cut in the base rate, banks such as HBOS, Lloyd's TSB and Abbey all passed on the full 1.5 % cut to borrowers with standard variable rate (SVR) mortgages.

«Each one percentage point cut to the corporate income tax rate costs the federal government about $ 2 billion in annual revenues,» wrote the authors, one of whom was CLC chief economist Andrew Jackson...

A one - percentage point cut in the GST / HST would cost the federal treasury up to $ 7 billion per year, thereby further increasing the deficit.

He expects a half - percentage point cut, the fifth such reduction this year [at the Federal Reserve meeting Tuesday].

But in the grand scheme of things, that amounts to a 6 percentage point cut in US greenhouse gases — or about one - quarter of the emission cuts necessary to hit Obama's 2025 climate goal.

A reduction in the corporate rate by 20 percent corresponds to a $ 2 trillion reduction in federal revenue over the next 10 years, she notes, citing the Joint Committee on Taxation data that shows each percentage point cut in the corporate tax rate brings federal revenue down by about $ 100 billion over a decade.

Not exact matches

The Congressional Budget Office has estimated that the combination of tax increases and spending cuts could trim economic growth this year by about 1.5 percentage points.

The slowdown in business inventories trimmed 1.5 percentage point from growth in the fourth quarter and the reductions in defence spending cut another 1.3 percentage point from growth.

As Poloz indicated in Toronto, if something went terribly wrong tomorrow, he could cut the benchmark interest rate by a full percentage point before trying something else, such as creating money to purchase bonds.

Some women shy away from jobs in fields that require long workweeks, knowing they won't have the time: a 10 percent cut in free time for women reduces their share in high - hour occupations by about 14 percent relative to men, according to the researcher's model.In total, that difference in time spent on at - home labor results in an 11 percentage point gender wage gap, their analysis estimates.

Goldman Sachs cut its second - quarter GDP growth estimate by three tenths of a percentage point to 1.0 percent.

If the NDP is scaling down its plans to a one or two percentage point increase, then it's not clear how a NDP government could avoid the spending cuts that are built into the current budget projection, much less finance new spending.

Economists said the two reports combined suggested that the third - quarter 3.5 percent annual growth pace could be cut by as much as half a percentage point when the government publishes its revisions later this month.

Even the Tax Foundation, which typically is aggressive in its growth assumptions for tax cuts, said that the final bill will boost GDP growth by just 0.35 percentage point in 2018 — and that the effect would diminish in later years.

The slowdown in China cut around 0.5 percentage points from year - on - year world trade growth in the first half of this year, Slater said.

Doug Ford, a businessman and former Toronto city councillor whose family owns and operates Deco Labels and Tags, has promised to cut the provincial corporate tax by one percentage point if the Tories are elected to power this spring.

Be it the Conservatives» call to cut $ 11 billion in government expenditures or the Liberals» plan to raise corporate taxes by 1.5 percentage points back to 2010 levels, these are issues of substance.

On the monetary front, the PBOC cut the bank reserve ratio by another 0.5 percentage points (to 16.5 %) on March 1 (the sixth such cut since February 2015).

On the cost side, the same increase in the policy rate might cut output by up to 1 per cent and push inflation down by 0.5 percentage point relative to what it would have been otherwise.

Ryan Avent pointed out that even if we enacted Trump's massive tax cuts and spending increaes, adding $ 34 trillion in new debt over the next two decades, our ratio of debt to GDP two decades from now would still be 30 percentage points less than Japan's government debt ratio is right now... and the market is still buying their negative interest rate long term debt...

Economists, who had expected a $ 40.00 billion trade gap in September, said the wider deficit could cut as much as a half a percentage point off that growth estimate.

Quick answer: no, as the European Central Bank, which has an inate fear of inflation, felt compelled on Thursday by the economic crisis in Europe to cut its benchmark interest rates by 0.25 percentage points, bringing the refinancing rate to a record low of 0.75 % and the overnight deposit rate to zero.

Housing was also a source of weakness, cutting overall growth by 0.3 percentage point.

Private sector economists have now revised down their forecasts of real GDP growth for 2015 by about 0.6 - percentage points, while the IMF cut its from 2.2 % to just 1.5 %.

If you've saved $ 500,000 at the time you retire, cutting your investment expenses by just half a percentage point could mean an extra $ 1,500 to spend every year in retirement.

«One female case study cut her body fat 3 percentage points in roughly four weeks with only five minutes of kettlebell swings three times a week,» he says.

While we were pleased to learn of the government's September 2017 announcement to cut the small business income tax rate from 2.5 per cent to 2 per cent, we note it was accompanied by an increase to the general corporate income tax rate of one percentage point (to 12 per cent).

Instead of using it to reduce the federal public debt, the government used it to cut the GST by two percentage points, thereby creating a structural deficit in advance of the financial meltdown in 2008.

If the NDP is scaling down its plans to a one - or two - percentage - point increase, then it's not clear how an NDP government could avoid the spending cuts that are built into the current budget projection, much less finance new spending.

Volume / mix decreased 1.6 percentage points, primarily due to lower shipments across several categories, particularly nuts, natural cheese and cold cuts in the United States as well as cheese and coffee in Canada.

Volume / mix decreased 1.7 percentage points driven by a combination of distribution losses on Planters in the club channel, lower shipments in natural cheese and service - related losses in cold cuts.

Greek budgets include tax hikes and spending cuts by more than $ 4.5 billion, a debt increase to more than 200 percent of GDP, an economic contraction of 1.3 percent and a new rise in unemployment by almost one percentage point to 25.4 percent.

Just two weeks ago, the Goldman economists cut their 2017 GDP - growth projection by 1 percentage point to 6.8 percent, citing the potential for business disruptions in light of the liquidity shortage.

Investment expenses and taxes each have cut returns by roughly one to two percentage points a year.

The G and G like to cite the effect of the Conservatives» cut of two percentage points off the GST, and certainly that was and remains a costly blunder.

Amongst other emerging market economies, the only significant policy moves were in Brazil, where rates were cut by a further 50 basis points to 16 per cent, and Turkey, which cut rates by a total of 4 percentage points, to 22 per cent.

The tax cut equals two percentage points of your earnings.

Naspers on March 22 announced it is cutting its stake in China's Tencent by as much as 2 percentage points in a deal that could raise up to $ 10.6 billion for the South African media and e-commerce group.

Following last week's emergency.75 percentage - point interest rate cut, the Federal Reserve's Open Market Committee today slashed rates another.50 percent in a move designed to ease the mortgage crisis and stimulate the economy.

The Reserve Bank of India cut its main repurchase rate by 0.25 percentage point to 7.5 %, citing weakness in parts of the economy as well as favorable inflation figures and structural overhauls included in the government's proposed budget.

And we are — we've cut the structural deficit by three percentage points in the last two years, more than any other G7 country, and it is set to go on being cut at a similar rate in the years ahead.

Cameron's eight percentage point lead among «enthusiastic voters» just before the May 2015 election seen in Figure 2 contrasts with the much less clear - cut picture given by «voting intention» alone (Figure 3, below).

Foley says he would cut the sales tax by half a percentage point.

NYC arrested 16,925 people last year for low - level marijuana possession and smoking in public, a decline of only 1 percentage point from the previous year's total of 17,097, even though de Blasio said he would cut down on arrests.

However, they said the cuts would be at least half a percentage point on tax brackets for New Yorkers reporting less than $ 300,000 in annual income.

The tax cut for middle - class wage earners amounts to a fraction of 1 percentage point and will be funded by an increase in the rate for married taxpayers making more than $ 2 million a year and single taxpayers whose yearly income exceeds $ 1 million.

The survey also said a more liberal candidate running on a minor - party line could cut into Cuomo's total by about 15 percentage points.

Other studies have looked at PD - L1 expression as a prognostic variable and in the context of response to systemic therapy and used a cut point of percentage positivity of ≥ 5 %.

And considering the World Health Organization suggests we cut sugar intake to less than five percent of total daily calories (11 percentage points less than Americans consume on average), maybe it's best we avoid what Sonic calls «the added awesomeness of NERDS Candy.»

The assessment itself was first given in 1969, but the underlying political compromises meant that (a) students were tested by age, not grade level; (b) results were reported either as percentages of test takers getting individual questions right or (starting in 1984) on a psychometric scale that included no benchmarks, standards, or «cut points»; and (c) the «units of analysis» were the entire country and four big regions but not individual states, let alone districts or schools.