Sentences with phrase «policy interest rate»

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

At the same time, in many countries, conventional tools of monetary policy have been exhausted with policy interest rates at zero, resulting in the widespread application of unconventional policy responses.

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

This implies any given increase in policy interest rates is likely to have a bigger economic impact than was the case pre-crisis.

«One specific consequence would be that even extraordinarily low policy interest rates could prove to be less stimulative than in normal circumstances,» Poloz said.

Against this backdrop, Governing Council decided to leave our key policy interest rate unchanged, as we judged that the balance of risks at present are still within the zone for which the current policy setting remains appropriate.

OTTAWA - Bank of Canada key policy interest rate announcement 1500 GMT.

This renewed crisis in the Eurozone comes at a time when the European economies appear to be slowing down after a strong first quarter, and despite this, policy interest rate increases by the ECB are expected in the coming months.

«This would allow policymakers to focus their efforts on absorbing the still elevated excess capacity in the economy,» she said, adding that she expects the central bank will keep its trendsetting policy interest rate at one per cent until mid-2015.

Some central banks, including the Bank of England and the European Central Bank, condition their forecasts on paths implied by financial market prices; others, including the Sveriges Riksbank and the Norges Bank, condition their forecasts on staff expectations of the future policy interest rate.

Thus, even though the Fed has now restored the funds rate to a relatively normal level of 4.5 per cent, world policy interest rates on average remain well below normal.

Since then, we have seen the experience of several central banks, such as the ECB and Swiss National Bank, which have adopted negative policy interest rates.

Unless these new policies are implemented, inflation sharply accelerates, or euphoria in markets breaks out, there is no case for the Fed to adjust policy interest rates.

Defines this important policy interest rate and describes the role it plays in influencing various market interest rates.

The overnight rate is the base rate at which banks lend money to one another on a regular basis in Canada; in other terms, it is the Canadian policy interest rate.

Moreover, the depreciated exchange rate will mean higher inflation, which in turn will mean higher policy interest rates given the inflation objective the government has set for us.

You can then reference your personal policy interest rate to self - calculate the subsequent cash value equivalency growth of your own policy.

This capacity has been further enhanced by a change in operating procedures, which has seen public announcements of every change in the official cash rate — the key policy interest rate — since January 1990.

It achieves that by raising or lowering its policy interest rate, which influences other interest rates such as what you'll pay on your mortgage or auto loan, and the return you'll get on the balance in your savings account.

U.S. Federal Reserve Chairman Ben Bernanke has stated that his policy interest rate will remain at its ultra-low level until the U.S. unemployment rate falls below 6.5 per cent.

In November 2000, the Bank introduced a system of eight fixed dates each year on which it announces whether or not it will change the policy interest rate.

This target for the overnight rate is often referred to as the Bank's policy interest rate.

This scenario was part of our thinking at the beginning of last year, when Canada's economy was hit by the collapse in oil prices and we cut our policy interest rate.

A central tenet of the framework is that a central bank uses the policy interest rate solely to counter risks to inflation.

After all, when a central bank influences the cost of financing through changes in the policy interest rate, its actions affect the economy by changing asset prices, encouraging or discouraging risk taking, and influencing credit flows.

This is our primary mission, which guides our setting of the policy interest rate.

The deposit and lending rates form the lower and upper bounds of the policy interest rate corridor.

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.

How monetary policy is implemented can be explained by stepping through five aspects of the cash market: the price, quantity, demand, supply and the policy interest rate corridor.

If more â $ ˜no - changeâ $ ™ decisions are made by the Bank of Canada regarding its policy interest rate, inflation expectations might begin to slip loose of their 2 percent anchor....

The Bank now estimates that the effective lower bound for its policy interest rate is around minus 0.5 per cent, a change from its 2009 assessment of 0.25 per cent, Governor Poloz said.

As economic conditions return to «normal» in the industrial world, policy interest rates will inevitably rise from zero to «normal» — but not necessarily in Latin America and the Caribbean.

Did the Fed set its policy interest rate below the market - clearing or «natural» interest rate level in the early - to - mid 2000s?

Or did it simply lower its policy interest rate down to a depressed natural interest rate level during this time?

The Bank of Canada held its policy interest rate unchanged at 0.75 %, and backed up the no action with statements that the level is the appropriate rate.

In its Monetary Policy report, the BoC acknowledged that surging house prices continue to be a concern for the nation's overall economic well - being stating that: «Reductions in the Bank's policy interest rate in January and July 2015 contributed importantly to these accommodative financial conditions.

The target for the overnight rate, also known as the key policy interest rate, is the interest rate that the Bank expects to be used in financial markets for one - day (or «overnight») loans between financial institutions.

The Bank of Canada's policy interest rate is actually a suggestion: the midpoint between what it charges for overnight loans (the Bank Rate) and what it is willing to pay on deposits.

In November 2000, the Bank introduced a system of eight fixed dates each year on which it announces whether or not it will change the policy interest rate.

This summer, the first increase in the Bank of Canada's policy interest rate in seven years has triggered an avalanche of advice in the media.

This target for the overnight rate is often referred to as the Bank's policy interest rate.

Eight times a year, the Bank announces its decision on the setting of its key policy interest rate.

Consider making policy loans in lieu of withdrawals unless you do not intend to repay the loan or your policy interest rate loan is very high.

When you bought your policy interest rates may have been up.