Sentences with phrase «policy gives the bank»

Banks will require you to have full coverage in your auto, and the insurance policy gives the bank full protection in case an accident happens.

Banks will require you to have full coverage on your auto, and the insurance policy gives the bank full protection in case an accident happens.

Not exact matches

Given what central banks have been asked to do in recent years, it could be the most important economic policy decision the new government makes.

The common currency rose to a two - and - half year high against the dollar on doubts over the U.S. currency but also after European Central Bank President Mario Draghi gave two speeches last week with no indications about the bank's next steps for monetary polBank President Mario Draghi gave two speeches last week with no indications about the bank's next steps for monetary polbank's next steps for monetary policy.

Ahead of a Bank of Japan leadership change, central bankers are considering the possibility of shifting policy closer to the quantitative easing campaign of the last decade, hoping it will give policy the kick demanded by Prime Minister Shinzo Abe.

«Given the downgrade to our outlook, Governing Council actively discussed the possibility of adding more monetary stimulus at this time, in order to speed up the return of the economy to full capacity,» Poloz said after the release of the central bank's latest policy announcement.

WASHINGTON - Federal Reserve Bank of St. Louis President James Bullard gives presentation on the U.S. economy and monetary policy before the National Association for Business Economics conference, «Promoting Sustained Growth: Policy Tensions and Risks» - 130policy before the National Association for Business Economics conference, «Promoting Sustained Growth: Policy Tensions and Risks» - 130Policy Tensions and Risks» - 1300 GMT.

ST. LOUIS, Missouri - Federal Reserve Bank of St. Louis President James Bullard gives presentation on the U.S. economy and monetary policy, in St. Louis.

The Fed should follow rules when making policy to give the public a better understanding of the central bank's actions, Fed official Loretta Mester said.

Australia's central bank left its cash rate at 1.5 percent, a widely expected decision given policy makers have signaled a steady outlook.

BASEL, Switzerland - Swiss National Bank Chairman Thomas Jordan will give a speech on «Switzerland's high current account surplus: consequences for the SNB's monetary policy??»

Massive policy changes are giving banks a huge boost, says analyst Dick Bove.

BOJ Governor Masaaki Shirakawa's term expires in April and the appointment of his successor is in the spotlight given the pressure on Japan's central bank to pursue an aggressive monetary policy.

Many investors have been surprised at the complacency in the markets given geopolitical risks (North Korea, for example), domestic political risks (tax reform, trade war, etc.) and central banks in the U.S., Europe and China either removing, or talking about removing, monetary - policy accommodation.

Policy makers say they are aware that all the central bank has done is give them breathing room to set their houses in order; the bonds are due in just three years.

All of these rates rose going into the December FOMC meeting, which makes quite a bit of sense, given that most market participants expected the FOMC to tighten policy at that meeting.35 We also gather information about rates on term unsecured borrowing in our FR 2420 collection, and about term secured transactions from the clearing banks, and these data tell a similar story.

The turnaround is in part due to policy initiatives such as debt - for - equity swaps that helped the largest banks deal with rising debt loads, and a widespread crackdown by the government on shadow banking that has given them an edge over smaller peers.

The decision by the central bank's policy setting panel was in line with the expectations of markets and economists, who had given only low odds to governor Mark Carney removing a mild bias towards raising rates sometime.

The Bank of Canada will continue to focus on what it does best: supporting the economic and financial well - being of Canada by achieving low, stable and predictable inflation; by keeping core financial market infrastructure safe; and by giving sound advice on financial sector policies so that vulnerabilities do not get in the way of sustainable, productive growth for all Canadians.

Expectations for strong U.S. jobs data on Friday have been maintaining a bid for dollars, while timely survey data show that a cooling in economic growth is afoot, and ECB President Draghi gave dovish - tilting remarks following the central bank's April policy review last week.

«It's important not to remove support, especially when the recovery is fragile and the tools available to monetary policy, should the economy falter, are limited given that short - term interest rates are at zero,» Yellen said at the Senate Banking Committee hearing.

The Reserve Bank of Australia also has a monetary policy announcement and in contrast to the Federal Reserve, the latest inflation reports give the RBA reason to remain dovish.

The Bank makes a public announcement of any policy decision, giving detailed reasoning for it.

We expect that European and Japanese stocks will continue to outperform U.S. ones in 2015, given their more attractive valuations and Europe and Japan's more market - friendly central bank policies.

US Federal Reserve (Fed) Chair Janet Yellen gave the clearest indication yet that the central bank is likely to start raising interest rates later this year when she said in a speech on July 10 that she expected it would be «appropriate at some point later this year to take the first step to raise the federal funds rate and thus begin normalizing monetary policy.»

From time to time over the past year, the Bank has considered whether further restraint was required, but on balance concluded that existing policy settings remained appropriate, particularly given the restraint also being applied by the high exchange rate.

Here is an excerpt: «The NDP in 1991 was not in a good position given the depth of the recession underway, the implacable anti-inflationary obsession of the central bank then still under the leadership of the zealous zero inflation policies of John Crow and the implacable opposition of the financial press.

Major banks only give out around 0.01 % APY on most interest checking options, and the national average of 0.04 % is mostly a reflection of the high interest rates of online banks and smaller regional banks whose account policies tend to be more generous to customers.

Option (e) remains extremely risky given the massive levels of outstanding government debt (and potential for fiscal crisis) and therefore low in probability in our view, but the idea came to the fore in investor consciousness after the BOJ held meetings with former FOMC Chairman Bernanke, credited for applying the idea of «helicopter money» to deflation - fighting in central bank policy.

Specifically, the proposed wording gives the Bank the power to purchase any securities or «other instrument «it likes «for the purposes of conducting monetary policy or promoting the stability of the Canadian financial system.»

The speech starts by setting out three key themes of the Bank's recent communication about Australia's transition from the resources sector boom to more normal economic conditions: that the sheer scale of the boom means that this transition is challenging, and that the broader global environment compounds the challenge; that a reasonably successful transition is possible given our economy's positive fundamentals and flexibility; and that monetary policy is doing what it can to help the transition, but that the chances of success would be boosted by a lift in productivity growth and an increase in the expected risk - adjusted rate of return on investment.

We see further yen weakening ahead, given the Bank of Japan's (BOJ's) new policy settings.

Given the introduction of several new ECB policies yesterday (expanded QE; purchases of nonfinancial, investment grade corporate debt; new refinancing programs; incentives to reduce the impact of negative interest rates on banks and spur lending) we think the outlook for European credit and equities is quite constructive.

Within the Reserve Bank, high priority in the development phase of RTGS was given to ensuring that the new arrangements would not impede the effective implementation of monetary policy.

Mostly likely, the Bank of England's Monetary Policy Committee (MPC) will have an easing bias, given the risk of lowflation from weak growth.

These expectations were given further force when minutes of the Bank of England's Monetary Policy Committee showed that it had voted only narrowly against raising policy rates at its October mePolicy Committee showed that it had voted only narrowly against raising policy rates at its October mepolicy rates at its October meeting.

Regarding the path ahead for ECB policy, it seems likely adjustments to the central bank's bond - purchasing program will be discussed by policymakers at meetings in coming months, given the technical difficulties and political risks involved.

He writes on a daily basis giving advice and insights on policies by the central bank and interest rates.

But the sense some central banks might be reviewing the effectiveness of their QE programs was given credence by the Bank of Japan's (BOJ's) policy shift in September to target yields rather than bond purchases.

ZIRP: Zero Interest Rate Policy, gives savers / retirees about 0 — 1 % on their savings at banks.

Let's be sensible here.Like it or not we have lost Sanchez.We are getting a vast improvement on Walcott in Mikki with (please god) Abua joining as well.Sanchez wanted to go so let's move on.I believe these 2 signings could reignite us and the credit will be with Sven and not Wenger.Soon everyone will start to give credit to Ivan Gaz as without doubt his Catylis For Change is beginning to take effect.12 months ago if we had banked the money for Coq Wally and That Chilean C *** what would we have done with it?Sven M is influencing transfer policy now without doubt.We have no option other than to be patient this season and just take whatever we get from Europa League and Caro Cup.Anything above 6th in Premier League let's take as a bonus.I can't help but believe we are seeing something happening that we are nor used to.

Let's be sensible here.Like it or not we have lost Sanchez.We are getting a vast improvement on Walcott in Mikki with (please god) Abua joining as well.Sanchez wanted to go so let's move on.I believe these 2 signings could reignite us and the credit will be with Sven and not Wenger.Soon everyone will start to give credit to Ivan Gaz as without doubt his Catylis For Change is beginning to take effect.12 months ago if we had banked the money for Coq Wally and That Chilean C *** what would we have done with it?Sven M is influencing transfer policy now without doubt.We have no option other than to be patient this season and just take whatever we get from Europa League and Caro Cup.Anything above 6th in Premier League let's take as a bonus.I can't help but believe we are seeing something happening that we are nor used to.Things are different because Wenger has lost his influence.

The Brown government also presided over the Bank of England giving # 375bn of cheap credit to the banks through the policy of quantitative easing.

He insisted the Bank of England's new Financial Policy Committee will give it much greater powers of regulation ahead of a future financial crisis.

The world bank President and officials of the IMF based their prediction on the policies and programmes their institutions had began to implement in Ghana, their short to longterm effects, vis - a-vis the vague promises the Npp gave and their inherent difficulties.

In the context of systemic risk due to banking panics, the Federal Deposit Insurance Corporation has the political effect of giving bankers an overpowering incentive to influence the Federal Reserve System's Federal Open Market Committee and the Federal Reserve Board of Governors to implement system wide policies for extension of credit which socialize and cartelize the banking sector to work towards its own common purpose.

In effect it would mean the Bank giving up the policy - making independence it was given when Gordon Brown was Chancellor in 1997.

The sixth plank from Cuomo's 2017 policy agenda seeks to address that broader issue by giving the state Superintendent of Financial Services the ability to ban individuals from working in the banking and insurance industries in New York if they are found guilty of egregious wrongdoing.

We expect that European and Japanese stocks will continue to outperform U.S. ones in 2015, given their more attractive valuations and Europe and Japan's more market - friendly central bank policies.

Bank regulation was lousy, but monetary policy was lousier, helping to create the boom that now gives us the bust that normalizes things.