Sentences with phrase «policy cycle periods»

Exhibit 3 compares returns of the S&P Sector Indices over the policy cycle periods.

Not exact matches

Also, bills have typically traded below other money market rates during tightening cycles, as they do now; periods where bills trade at or above other rates have been the exception and not the rule.36 Thus, the smaller increase in bill yields than in rates on other term instruments is not surprising, and I do not read it as undermining the general conclusion that the policy rate increase was effective in firming money market conditions.37

The relationship between monetary policy and financial stability may depend on the specific economic conditions in which we find ourselves.6 Moreover, the processes resulting in financial cycles, with periods of unsustainable debt buildup, occasional crises and periods of deleveraging, are not well captured by standard models.7 We have more work to do before we can be fully confident about our conclusions.

Tighter policy increases the chances of moving into the late cycle — a period when investment performance has historically been the most mixed.

Implied volatilities gradually declined around the world in the second half of 2003, as it became clearer that the easing cycle was drawing to a close, with some central banks beginning to tighten monetary policy after a prolonged period of relatively low and stable interest rates.

They must look beyond the next election and make long - term, carefully considered decisions about energy policy which can remain in place for periods much greater than our current electoral cycles.»

From my point of view hole life insurance policy is a great investment to everyone because this policy covers for your entire life cycle not for specific time period.

That's why it's a great option in this particular life cycle because it's when you will buy a policy to cover the time period of your greatest need — generally 20 to 30 years.