Sentences with phrase «planned rate hikes»

U.S. interest rates are currently much higher than in Europe and Japan, and with neither the European Central Bank nor the Bank of Japan planning any rate hikes this year, foreign capital seeking higher returns could put a lid on rate rises here.
State leaders are setting aside nearly $ 5 million to help cover an NFTA budget deficit, though transit officials say it's not enough to avoid a planned rate hike.
So even if the Federal Reserve goes ahead with its planned rates hikes, it's not clear how that would affect interest rates for long - term borrowers.

Not exact matches

He supports plans to lower the federal corporate tax rates and the harmonization of British Columbia and Ontario's sales taxes with the GST, but notes both Quebec and Nova Scotia have hiked their sales taxes in the past year.
How Ottawa plans to make mortgages more expensive and drive down housing prices — without hiking interest rates.
The plans themselves have been adapting to the low - return environment over the past few years by hiking contribution rates from both employees and employers.
Investors will be listening carefully for any indication of how the central bank plans to handle future interest rate hikes.
For these reasons, it now seems unlikely the U.S. Federal Reserve will go ahead with its plan to hike interest rates in September.
The Fed has raised rates twice this year and expects to hike again in December and three more times next year, depending on fiscal stimulus including tax cuts planned by Republicans in Congress and in the White House.
While Wednesday's rate hike from the Fed was priced in, Odeluga says: «The lack of clear signals about plans to narrow monetary accommodation further — none in the statement and none discernible in chair Janet Yellen's press conference — meant that some of the dollar strength actually had to be unwound.
«I very much doubt that that the outcome for anyone with a reasonably well - constructed portfolio will be determined by the next interest rate hike,» said David Mendels, director of planning at Creative Financial Concepts in New York.
While Yellen had hinted recently that further rate hikes were imminent, the Fed chair announced last week that the benchmark rate would hold steady and that future increases would come more slowly than the Fed originally planned.
«I'm convinced that the «plan» is to go «lower» in terms of pace of buying, for «longer» in the hope of pushing out expectations about rate hikes,» Kit Juckes, an analyst at Société Générale, said.
Wolf, asuming the Powell Fed sticks to its planned 4 - hikes - in - 2018 rate - hike schedule, can we expect brokered CDs yielding (say) 3.5 % for a 2 - year lock - in by EOY?
The Fed may modify its plan up or down as conditions warrant, but it can take up to two years for interest rate hikes to impact the economy.
The dollar index against the world's major currencies is at a four month high with the interest rate gap set to widen between the dollar and euro - zone as the US Federal Reserve plans several more rate hikes this year.
So far, however, Fed officials have treated the stronger economic news as a reason to carry out their plans for gradual rate hikes, rather than as a reason to start raising rates more quickly.
Plan on 1.2 K a month for a good family plan and 10 % yearly rate hikes — plug it into your formPlan on 1.2 K a month for a good family plan and 10 % yearly rate hikes — plug it into your formplan and 10 % yearly rate hikes — plug it into your formula.
The US dollar has declined more than 10 % against major currencies this year — despite two rate hikes and the Fed's announcement that it plans to reduce its massive balance sheet.
Meantime, the market was also watching the Federal Reserve closely because Federal Reserve officials plan to continue hiking interest rates.
The Fed has made good on two interest rate hikes so far in 2017, but based on weaker - than - forecast inflation and growth numbers, it will likely fall short of the four rate hikes it planned late last year.
The Federal Reserve is raising its key interest rate and signaling confidence in the U.S. economy's durability but plans to continue a gradual approach to rate hikes for 2018 under its new chairman, Jerome Powell.
If the Fed hikes three more times (as planned), higher rates could create additional headwinds for housing with diminished affordability.
Having just raised interest rates at their last meeting, the Fed has no plans to follow up in May but Fed fund futures show a 93 % chance of a quarter point rate hike the following month when economic projections are updated and Jerome Powell holds a press conference.
In January, he said that 2017 would be a good year to discuss a «plan of action» to «slim» the balance sheet, but that nothing should actually be done until rates hikes were «further along.»
They also laid out a plan to hike rates three times this year.
After raising the target for interest rates on December 14, the Fed said it's planning three more hikes in 2017.
But early last year, worried by soaring household debt levels, it began warning its next move would be a rate hike and that Canadians should plan accordingly.
Major Canadian banks plan to increase their fees or have already hiked up their ATM, debit, and purchase fees and charges on other transactions to make up for profit losses due to falling interest rates.
WASHINGTON - The Federal Reserve is raising its key interest rate and signaling confidence in the U.S. economy's durability but plans to continue a gradual approach to rate hikes for 2018 under its new chairman, Jerome Powell.
A faster pace of Fed rate hikes could also bring forward the timing of the Fed's plans to reduce its balance sheet.
WASHINGTON — The Federal Reserve is raising its key interest rate and signalling confidence in the U.S. economy's durability but plans to continue a gradual approach to rate hikes for 2018 under its new chairman, Jerome Powell.
Senators have introduced bills to speed up the next planned wage hike, end the tax credit for businesses that hire teens and allow local governments to set their own rates.
Westchester, Suffolk and Nassau counties would be included in the plan, which would initially hike the rate to $ 12.50 an hour — $ 1 an hour more than Cuomo proposed.
The commission, which oversees utility rate hikes, may get to weigh in on the controversial plan if Con Ed sells its building on Park Place to mosque developer Sharif El - Gamal.
Cuomo resisted calls from Democrats in the Assembly to hike taxes on the rich, a plan that would increased rates on New Yorkers who make more than $ 5 million each year.
Most ratepayers slammed PSEG Long Island and LIPA's planned 4 percent, 3 - year rate hike at a public hearing in Riverhead last night, saying rates were already too high and left uncertainties about costs soaring even higher.
Adding to concerns: the Federal Reserve plan to hike short - term interest rates, which could affect profitability in the second half of this year.
De Blasio's campaign responded with a typical comment harping on the mayor's universal prekindergarten initiative, his executive orders hiking pay floors for public employees and city contract workers, his affordable housing plan and the continued downward trajectory of the crime rate during his tenure.
State Senator Terry Gipson has an affordable energy plan he says would bring relief from taxes and rate hikes to families and businesses.
When Michelle Rhee, then chancellor of the D.C. public schools, announced a radical plan to rate teachers» effectiveness on a numerical scale, then fire the worst and give the best huge pay hikes, even her staff wondered whether it could possibly work.
While the U.S. Federal Reserve has hiked rates four times in the past year and a half, it was only a few months ago that Canada's central bank was still signaling a plan to stay on hold until next year.
Five of Canada's largest banks are hiking the rates on their five - year mortgage plans, from 5.25 % to 5.85 %.
It would be the third rate hike of 2017, matching the Fed's year - end 2016 forecast (there will be multiple inflation and jobs data reports between now and the December meeting, which could of course force the Fed to alter its plans).
It is anticipated that this rate hike will be the first of a few this year but as we have come to learn, the plan Fed policymakers present in one quarter can be significantly different from the actual changes in the policy rate in subsequent quarters.
Although the Federal Reserve has planned incremental rate hikes over the course of 2017, these aren't much of a reason to hurry up and buy.
With a stronger economy, it plans more rate hikes in 2017.
Now, interest rates are hiked without any reason; and if the account is not active enough, it will be shut down, potentially affecting your credit score and financial plan.
• Read how Ottawa plans to make mortgages more expensive and drive down housing prices — without hiking interest rates.
In the latter years of Aflac's five - year plan we will see the true benefits of the recent and coming interest rates hikes from the Federal Reserve.
a b c d e f g h i j k l m n o p q r s t u v w x y z