There's always a reason when an insurance
policy rate increases.
However, in more recent times, Genworth has had
some policy rate increases and is currently under review.
However, in more recent times, Genworth has had
some policy rate increases, and is currently under review by some of the ratings agencies.
Uncertainty about the U.S. presidential race in the near term may produce periods of volatility for the U.S. dollar, yet RBC maintains that the U.S. currency will post modest gains against the Euro, Canadian dollar and sterling as markets look for a U.S. Federal Reserve
policy rate increase in the first half of 2017.
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
Not exact matches
Important factors that could cause actual results to differ materially from those reflected in such forward - looking statements and that should be considered in evaluating our outlook include, but are not limited to, the following: 1) our ability to continue to grow our business and execute our growth strategy, including the timing, execution, and profitability of new and maturing programs; 2) our ability to perform our obligations under our new and maturing commercial, business aircraft, and military development programs, and the related recurring production; 3) our ability to accurately estimate and manage performance, cost, and revenue under our contracts, including our ability to achieve certain cost reductions with respect to the B787 program; 4) margin pressures and the potential for additional forward losses on new and maturing programs; 5) our ability to accommodate, and the cost of accommodating, announced
increases in the build
rates of certain aircraft; 6) the effect on aircraft demand and build
rates of changing customer preferences for business aircraft, including the effect of global economic conditions on the business aircraft market and expanding conflicts or political unrest in the Middle East or Asia; 7) customer cancellations or deferrals as a result of global economic uncertainty or otherwise; 8) the effect of economic conditions in the industries and markets in which we operate in the U.S. and globally and any changes therein, including fluctuations in foreign currency exchange
rates; 9) the success and timely execution of key milestones such as the receipt of necessary regulatory approvals, including our ability to obtain in a timely fashion any required regulatory or other third party approvals for the consummation of our announced acquisition of Asco, and customer adherence to their announced schedules; 10) our ability to successfully negotiate, or re-negotiate, future pricing under our supply agreements with Boeing and our other customers; 11) our ability to enter into profitable supply arrangements with additional customers; 12) the ability of all parties to satisfy their performance requirements under existing supply contracts with our two major customers, Boeing and Airbus, and other customers, and the risk of nonpayment by such customers; 13) any adverse impact on Boeing's and Airbus» production of aircraft resulting from cancellations, deferrals, or reduced orders by their customers or from labor disputes, domestic or international hostilities, or acts of terrorism; 14) any adverse impact on the demand for air travel or our operations from the outbreak of diseases or epidemic or pandemic outbreaks; 15) our ability to avoid or recover from cyber-based or other security attacks, information technology failures, or other disruptions; 16) returns on pension plan assets and the impact of future discount
rate changes on pension obligations; 17) our ability to borrow additional funds or refinance debt, including our ability to obtain the debt to finance the purchase price for our announced acquisition of Asco on favorable terms or at all; 18) competition from commercial aerospace original equipment manufacturers and other aerostructures suppliers; 19) the effect of governmental laws, such as U.S. export control laws and U.S. and foreign anti-bribery laws such as the Foreign Corrupt Practices Act and the United Kingdom Bribery Act, and environmental laws and agency regulations, both in the U.S. and abroad; 20) the effect of changes in tax law, such as the effect of The Tax Cuts and Jobs Act (the «TCJA») that was enacted on December 22, 2017, and changes to the interpretations of or guidance related thereto, and the Company's ability to accurately calculate and estimate the effect of such changes; 21) any reduction in our credit
ratings; 22) our dependence on our suppliers, as well as the cost and availability of raw materials and purchased components; 23) our ability to recruit and retain a critical mass of highly - skilled employees and our relationships with the unions representing many of our employees; 24) spending by the U.S. and other governments on defense; 25) the possibility that our cash flows and our credit facility may not be adequate for our additional capital needs or for payment of interest on, and principal of, our indebtedness; 26) our exposure under our revolving credit facility to higher interest payments should interest
rates increase substantially; 27) the effectiveness of any interest
rate hedging programs; 28) the effectiveness of our internal control over financial reporting; 29) the outcome or impact of ongoing or future litigation, claims, and regulatory actions; 30) exposure to potential product liability and warranty claims; 31) our ability to effectively assess, manage and integrate acquisitions that we pursue, including our ability to successfully integrate the Asco business and generate synergies and other cost savings; 32) our ability to consummate our announced acquisition of Asco in a timely matter while avoiding any unexpected costs, charges, expenses, adverse changes to business relationships and other business disruptions for ourselves and Asco as a result of the acquisition; 33) our ability to continue selling certain receivables through our supplier financing program; 34) the risks of doing business internationally, including fluctuations in foreign current exchange
rates, impositions of tariffs or embargoes, compliance with foreign laws, and domestic and foreign government
policies; and 35) our ability to complete the proposed accelerated stock repurchase plan, among other things.
The
rate of new firms entering the marketplace has fallen by nearly half over the 40 - year period from 1978 to 2012, to 8 percent, compared with a steadily
increasing rate of new firm closures, up two full percentage points, to about 10 percent, over the same period, according to the Brookings Institution, a
policy think tank.
Lane added some texture to the central bank's decision to
increase interest
rates, saying
policy makers were encouraged by «widespread strength» in exports and business investment.
Gordon is curious about an untested
policy called «price - level targeting,» which would refocus monetary
policy on achieving an absolute
increase in prices over time, rather than the current emphasis on the
rate of change.
As a result, their aggressive Best Price Guarantee
policy would theoretically result in an
increase in conversion
rate and buyer confidence.
Critics have worried that the Fed has missed opportunities to normalize
policy, but Yellen said «the risk of falling behind the curve in the near future appears limited, and gradual
increases in the federal funds
rate will likely be sufficient to get to a neutral
policy stance over the next few years.»
With unemployment falling steadily through the year, there has been less justification for crisis - era
policy, and a sense among policymakers that they could balance the higher
rates sought by «hawks» with a slow pace of subsequent
increases.
But that doesn't mean that the Fed needs to now commit to a
policy of even slow - but - steady
rate increases in the months and years ahead.
The 30 - day Fed Fund futures can be used as a guide to predict when the Fed might
increase interest
rates since the prices are an expression of trader's views on the likelihood of changes in U.S. monetary
policy.
The FOMC should remain data dependent and defer its first
increase in
policy rates until there are greater signs of wage or price inflation than are currently evident.
«Were the FOMC to delay
increases in the federal funds
rate for too long, it could end up having to tighten
policy relatively abruptly to keep the economy from significantly overshooting both of the Committee's longer - run
policy goals» on inflation and jobs, Yellen said.
Weighed against unemployment, which has dropped to a 16 - year low at 4.1 percent, that weakness has puzzled economists and made some
policy makers declare the Fed should hold off on additional
rate increases until prices respond more briskly.
The most important
policy action for mitigating the damage of a recession is for the central bank to keep interest
rates low, according to the respondents, followed by
increasing spending on transportation and other infrastructure projects.
The Fed ended its latest
policy meeting by leaving its key short - term
rate unchanged at 1.5 percent to 1.75 percent, the level it set in March after its sixth
rate increase...
The
increase in the benchmark
rate, when it comes, likely will be followed by one or more decisions to leave
policy unchanged.
If Yellen's Fed fails to convince Wall Street about the
policy path, a
rate increase could trigger financial turmoil of the sort seen in 2013, when investors were caught off guard by the central bank signaling an end to its bond - buying program.
«The growth of electronic payment systems and the
increasing marginalisation of cash in legal transactions creates a much smoother path to negative
rate policy today than even two decades ago.»
Under that
policy, the Federal Reserve has kept interest
rates low and engaged for period of years in a campaign of aggressive bond purchases that have
increased monetary supply and bolstered the stock market.
Treasury yields fell on Wednesday after the most recent update on monetary
policy from the Federal Reserve showed few signs that the central bank would ratchet up its pace of
rate increases 4:03 p.m. May 2, 2018
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.
Treasury yields fell on Wednesday after the most recent update on monetary
policy from the Federal Reserve showed few signs that the central bank would ratchet up its pace of
rate increases
Treasury yields rose on Tuesday as investors wait for the Federal Reserve to begin its April
policy meeting, where a
rate increase is not expected.
They have largely succeeded and have now softened their tone on monetary
policy, indicating that further
rate increases are unlikely.
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.
Nonstandard personal auto earned premiums
increased from both higher
policies in force and higher premium
rates.
In the
policy statement the Fed issued after the January meeting, the central bank outlined its approach to raising
rates, saying it «expects that economic conditions will evolve in a manner that will warrant further gradual
increases in the federal funds
rate.»
The
ratings agency Moody's maintained the US's top - notch «Aaa» credit
rating Thursday, saying, «The diversity, dynamism, and competitiveness of the US economy, along with the US dollar's status as the preeminent international reserve currency and very large size and depth of the US Treasury market, offset rising fiscal pressures stemming from aging - related entitlement spending, higher debt - service payments, and recent
policy actions that will likely reduce future revenues and
increase expenditures.»
In response to economic weakness, central banks often enact
policy that
increases the money supply, promotes inflation and reduces interest
rates.
This implies any given
increase in
policy interest
rates is likely to have a bigger economic impact than was the case pre-crisis.
According to commodity guru Jim Rogers, this is illustrated by a string of Quantitative Easings by the U.S. Fed, an ultra-low interest
rate policy and ever -
increasing U.S. debt.
Shifting the
policy stance to a normalization posture that steadily moves to higher
rates could
increase confidence and reestablish the normal relationship among savers and borrowers.
After a number of years of Zero Interest
Rate Policy (ZIRP), the
increase in
rates stopped for around 11 months until December 2016 when the Federal Reserve promised to
increase interest
rates by 25 basis points.
The Fed said in a statement after its latest
policy meeting that it expects «further gradual
increases» in
rates and says it's moving close to achieving its 2 percent target for annual inflation.
The central bank's negative interest -
rate policy - which effectively charges commercial lenders for deposits - has also
increased pressure on lenders to put money to work, prompting Japan's roughly 100 regional banks to raise efficiency or merge.
Rapidly
increasing interest
rates causing contract holders to surrender life insurance and annuity
policies, thereby causing realized investment losses, and reduced hedge performance related to variable annuities;
Because of the political divide between supply - siders and demand - siders, most economists either oppose any and every
policy that
increases the savings
rate through greater wealth inequality, or oppose any hint of demand management, especially if it involves fiscal spending.
It was designed to encourage lending to households and businesses at a time when banks were facing
increasing funding costs, which meant that borrowers weren't getting the full benefit of low
policy rates.
It's true that demographic forces are leading to slower growth in the labour force, which reduces the neutral interest
rate in the economy and
increases the chances that monetary
policy will be constrained by the lower bound on interest
rates.
I do not see a case for a further
rate increase on current facts and remain very concerned that macroeconomic
policy has inadequately internalized all the aspects of large declines in the neutral real
rate and secular stagnation risks.
In talking about monetary
policy's contribution to the management of the economic challenges, the speech notes the recent
increases in mortgage
rates of the commercial banks, outside of the cycle of changes in the cash
rate.
But if the change in fiscal
policy (e.g. an
increase in Government expenditure) is temporary, the exchange
rate will appreciate when G
increases, and will depreciate again in future when G falls back to normal.
To shore up its currency, the Russian central bank
increased policy rates by 150 basis points on 31 October.
The greenback is no longer responding to Federal Reserve
rate increases because they are already priced into the market, according to Saravelos, and the euro's sensitivity to
policy tightening in Europe is likely to be far greater.
Central banks such as the U.S. Federal Reserve Bank (Fed) use monetary
policy tactics, including interest
rate moves and
increasing or decreasing the monetary supply, to try and influence the level of inflation, stimulate the economy and spur employment.
Early in the summer interest
rates increased fairly dramatically when the Fed suggested that monetary
policy would soon become less accommodating (what became known as «the taper»), and we became hopeful that attractive opportunities would develop.