Not exact matches
At the very least, it might be prudent for the BoC to separately take into account asset
prices when it sets monetary
policies (
as I've argued in past columns stretching back to 2007).
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.
«I think of it
as a local phenomenon,» he said of real - estate
prices, effectively ruling out the possibility that his interest - rate
policy has stoked a national mania.
But to assume
prices will keep rising
as a result misses an important point, says Josh Gordon, assistant professor at the School of Public
Policy at Simon Fraser University.
NEW YORK, May 1 - The dollar broke into positive territory for the year and U.S. bond yields inched higher again on Tuesday
as the recent rise in oil
prices fueled expectations the Federal Reserve could flag more interest rate hikes at its
policy meeting this week.
You can purchase a contingent
policy, which is about half the
price of regular insurance and will serve
as backup insurance in the event of a catastrophe.
There are also forums dedicated to
policy issues such
as drug
pricing and medical standards — last year, former Vice President Joe Biden announced a federal Genomic Data Commons to expedite cancer research during a keynote address.
«We use vitamins
as insurance
policies against whatever else we might (or might not) be eating,
as if by atoning for our other nutritional sins, vitamins can save us from ourselves,» Catherine
Price, a science reporter, wrote in the book «Vitamania.»
For many ecommerce companies, customer - return
policies can be just
as important
as the
price or the product.
At the Federal Reserve, we implement
policy to promote maximum employment and
price stability,
as the law under which we operate requires.
The election of Donald Trump
as president sparked an exodus from the Treasury market in the final months of 2016
as investors began to
price in the possibility that Trump's plans for a protectionist trade
policy, tax cuts, and massive infrastructure spending would bring back inflation to the US.
As far back as 2002, while vice minister, Kuroda used an opinion column in the Financial Times, co-written with his deputy at the finance ministry, to call for «aggressive monetary policy» from the central bank, including an inflation target, aimed at «drastically changing price expectations.&raqu
As far back
as 2002, while vice minister, Kuroda used an opinion column in the Financial Times, co-written with his deputy at the finance ministry, to call for «aggressive monetary policy» from the central bank, including an inflation target, aimed at «drastically changing price expectations.&raqu
as 2002, while vice minister, Kuroda used an opinion column in the Financial Times, co-written with his deputy at the finance ministry, to call for «aggressive monetary
policy» from the central bank, including an inflation target, aimed at «drastically changing
price expectations.»
As a result, their aggressive Best
Price Guarantee
policy would theoretically result in an increase in conversion rate and buyer confidence.
In the grander scheme of things, and
as a red flag, this is another asset class that has enormously benefited from asset
price inflation, stirred up by the Fed's well - targeted monetary
policies since the Financial Crisis.
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.
As for deflation, the «unprecedented
policy actions» from central banks around the world means falling
prices are unlikely over the next several years.
Such risks, uncertainties and other factors include, without limitation: (1) the effect of economic conditions in the industries and markets in which United Technologies and Rockwell Collins operate in the U.S. and globally and any changes therein, including financial market conditions, fluctuations in commodity
prices, interest rates and foreign currency exchange rates, levels of end market demand in construction and in both the commercial and defense segments of the aerospace industry, levels of air travel, financial condition of commercial airlines, the impact of weather conditions and natural disasters and the financial condition of our customers and suppliers; (2) challenges in the development, production, delivery, support, performance and realization of the anticipated benefits of advanced technologies and new products and services; (3) the scope, nature, impact or timing of acquisition and divestiture or restructuring activity, including the pending acquisition of Rockwell Collins, including among other things integration of acquired businesses into United Technologies» existing businesses and realization of synergies and opportunities for growth and innovation; (4) future timing and levels of indebtedness, including indebtedness expected to be incurred by United Technologies in connection with the pending Rockwell Collins acquisition, and capital spending and research and development spending, including in connection with the pending Rockwell Collins acquisition; (5) future availability of credit and factors that may affect such availability, including credit market conditions and our capital structure; (6) the timing and scope of future repurchases of United Technologies» common stock, which may be suspended at any time due to various factors, including market conditions and the level of other investing activities and uses of cash, including in connection with the proposed acquisition of Rockwell; (7) delays and disruption in delivery of materials and services from suppliers; (8) company and customer - directed cost reduction efforts and restructuring costs and savings and other consequences thereof; (9) new business and investment opportunities; (10) our ability to realize the intended benefits of organizational changes; (11) the anticipated benefits of diversification and balance of operations across product lines, regions and industries; (12) the outcome of legal proceedings, investigations and other contingencies; (13) pension plan assumptions and future contributions; (14) the impact of the negotiation of collective bargaining agreements and labor disputes; (15) the effect of changes in political conditions in the U.S. and other countries in which United Technologies and Rockwell Collins operate, including the effect of changes in U.S. trade
policies or the U.K.'s pending withdrawal from the EU, on general market conditions, global trade
policies and currency exchange rates in the near term and beyond; (16) the effect of changes in tax (including U.S. tax reform enacted on December 22, 2017, which is commonly referred to
as the Tax Cuts and Jobs Act of 2017), environmental, regulatory (including among other things import / export) and other laws and regulations in the U.S. and other countries in which United Technologies and Rockwell Collins operate; (17) the ability of United Technologies and Rockwell Collins to receive the required regulatory approvals (and the risk that such approvals may result in the imposition of conditions that could adversely affect the combined company or the expected benefits of the merger) and to satisfy the other conditions to the closing of the pending acquisition on a timely basis or at all; (18) the occurrence of events that may give rise to a right of one or both of United Technologies or Rockwell Collins to terminate the merger agreement, including in circumstances that might require Rockwell Collins to pay a termination fee of $ 695 million to United Technologies or $ 50 million of expense reimbursement; (19) negative effects of the announcement or the completion of the merger on the market
price of United Technologies» and / or Rockwell Collins» common stock and / or on their respective financial performance; (20) risks related to Rockwell Collins and United Technologies being restricted in their operation of their businesses while the merger agreement is in effect; (21) risks relating to the value of the United Technologies» shares to be issued in connection with the pending Rockwell acquisition, significant merger costs and / or unknown liabilities; (22) risks associated with third party contracts containing consent and / or other provisions that may be triggered by the Rockwell merger agreement; (23) risks associated with merger - related litigation or appraisal proceedings; and (24) the ability of United Technologies and Rockwell Collins, or the combined company, to retain and hire key personnel.
And
as the Bank of Canada noted in its
policy statement,
prices are higher in part because of supply disruptions, including the Alberta oil sands.
While some remain defiant and plan to continue their work, one party in particular stands to benefit if the new
policy restricts legal sales and pushes
prices up — Mexican drug traffickers who see marijuana
as a kind of cash crop.
According to Scotiabank's Derek Holt, who predicts household grocery bills could balloon by
as much
as 15 % in the next few years, the failure of the international community to settle on a rational
policy for handling shortages has led to stockpiling and export bans, which «further impairs supply sides of markets and causes
prices to go up even more.»
In an interview, Tal agrees the data that is made public, such
as home sales, starts,
prices and household debt is useful, but says is not sufficient for Canadians or
policy - makers to make decisions that are fully - informed.
The FOMC is charged with making monetary
policy so
as to promote maximum employment and
price stability.
Gold has regained its shine in recent months, but that doesn't change the dull outlook for the precious metal over the longer - term, warns Goldman Sachs, which sees
prices falling to $ 1,000 in 12 months
as the Federal Reserve normalizes monetary
policy.
April 13 - Inflation data earlier this week that showed
price pressures increasing were unsurprising, St. Louis Federal Reserve President James Bullard said on Friday
as he downplayed the significance for monetary
policy.
US - based shale producers including EOG Resources Inc., Continental Resources, Inc., and Pioneer Natural Resources are set to suffer
as oil
prices continue to be weighed down by the increased production Trump's
policies imply.
In response to the deflationary pressures on the CPI, the Bank of Canada will be forced to engage in expansionary monetary
policy to counteract the 5 %
price drop (while also ensuring the 2 % year - over-year increase in
prices continues
as planned).
Important factors that could cause our actual results and financial condition to differ materially from those indicated in the forward - looking statements include, among others, the following: our ability to successfully and profitably market our products and services; the acceptance of our products and services by patients and healthcare providers; our ability to meet demand for our products and services; the willingness of health insurance companies and other payers to cover Cologuard and adequately reimburse us for our performance of the Cologuard test; the amount and nature of competition from other cancer screening and diagnostic products and services; the effects of the adoption, modification or repeal of any healthcare reform law, rule, order, interpretation or
policy; the effects of changes in
pricing, coverage and reimbursement for our products and services, including without limitation
as a result of the Protecting Access to Medicare Act of 2014; recommendations, guidelines and quality metrics issued by various organizations such
as the U.S. Preventive Services Task Force, the American Cancer Society, and the National Committee for Quality Assurance regarding cancer screening or our products and services; our ability to successfully develop new products and services; our success establishing and maintaining collaborative, licensing and supplier arrangements; our ability to maintain regulatory approvals and comply with applicable regulations; and the other risks and uncertainties described in the Risk Factors and in Management's Discussion and Analysis of Financial Condition and Results of Operations sections of our most recently filed Annual Report on Form 10 - K and our subsequently filed Quarterly Reports on Form 10 - Q.
The risk is that the economy needs monetary
policy tightened to cool
prices before industrial activity and retail sales regain momentum lost last year
as the Chinese economy delivered its slowest full year of growth since 1999, at 7.8 percent.
In other words, if you tighten monetary
policy, certainly by more than is discounted in the market — and what's discounted in the market is very minor rising market — that will reverberate through asset class
prices,
as well
as then you can have a situation in terms of the economy.
However, the Pan Canadian Framework on Clean Growth and Climate Change lays out a number of
policies that will compel more clean tech innovation in Canada, he said, including a
price on pollution with a carbon
price, to be in place across Canada by the start of next year,
as well
as a promised national clean fuels strategy, better energy efficiency standards and limits on greenhouse gases like methane.
Pricing,
as one of the marketing mix tools, should have its own
policy, yet it often serves
as a safeguard to the other members of the marketing mix family.
A forward - thinking
pricing policy is essential for strengthening
pricing as a lifeguard mechanism.
When
Price joined the administration, Trump touted him
as a conservative
policy expert who could write a new health care bill to replace the Obama - era Affordable Care Act.
While most of his proposals — «to abandon the gold standard, let international exchange rates float, use federal surpluses and deficits
as macroeconomic
policy tools that could counter cyclical trends, and establish bureaus of economic statistics (including a consumer
price index) in order to facilitate this effort» — are now conventional practice, his critique of fractional - reserve banking still «remains outside the bounds of conventional wisdom» although a recent paper by the IMF reinvigorated his proposals.
But not even monetary
policy was designed to deal with changes in the relative
prices of commodities, such
as oil.
«Amazon's proposed acquisition of Whole Foods raises important questions concerning competition
policy, such
as how the transaction will affect the future of retail grocery stores, whether platform dominance impedes innovation, and if the antitrust laws are working effectively to ensure economic opportunity, choice and low
prices for American families,» Cicilline wrote.
Treasury
prices rose on Tuesday, pushing yields higher,
as fears over the U.S.'s protectionist
policies makes a return on reports that the White House may crack down on Chinese investments in American tech companies.
Best Buy implemented a
price - matching
policy, both in - store and online, while also lowering its
prices to be more competitive against both online retailers and discount retailers such
as Wal - Mart.
The doctors» lobby has warned the government not to allow health funds to
price insurance based on factors such
as age and lifestyle, while attacking «junk»
policies that don't cover common procedures.
* GOLD: Gold
prices rose for a second session on Thursday after the U.S. Federal Reserve held interest rates steady
as expected at the end of a two - day
policy meeting, while investors awaited U.S. - China trade talks.
Rob previously served
as Chief Credit Officer of GreenSky, where he developed credit
policy,
pricing and portfolio management strategies to enable significant growth in the company's loan portfolio.
The question of whether central banks can use monetary
policy to promote financial stability
as well
as price stability has re-emerged from time to time.
A few also cited regulatory factors, such
as cap - and - trade
policies in Ontario and the carbon tax in Alberta,
as contributing to their input
price growth.
While many are skeptical about whether or not this tax was the right
policy tool, an influx of foreign investment capital,
as seen in the Lower Mainland and other urban centres, does contribute to skyrocketing housing
prices.
«Levitational force of
policy easing can only temporarily lift asset
prices as gravitational forces of weaker fundamentals dominate over time,» he said.
[12] Nor does the notion that monetary
policy operates by expanding the money supply (or base money) and this excess supply bids up demand for goods and services (and their
prices)
as people attempt to get rid of their excessive money balance.
«If the outlook for the labor market does not improve substantially, the committee will continue its purchases of agency mortgage - backed securities, undertake additional asset purchases, and employ its other
policy tools
as appropriate until such improvement is achieved in a context of
price stability,» the Fed's announcement stated.
The FOMC's annoucement after their meeting on Wednesday affirmed the Fed's QE3
policy, offering no changes, while stating, «If the outlook for the labor market does not improve substantially, the Committee will continue its purchases of agency mortgage - backed securities, undertake additional asset purchases, and employ its other
policy tools
as appropriate until such improvement is achieved in a context of
price stability.»
As the debate has taken on a decidedly Asia focus, with some recent studies and popular media coverage pointing to investors from Asia as one of the drivers of Vancouver's soaring housing prices, the Asia Pacific Foundation of Canada (APF Canada) has written a background document aggregating the available facts, outlining similar challenges in other jurisdictions, and raising the question: Is public policy require
As the debate has taken on a decidedly Asia focus, with some recent studies and popular media coverage pointing to investors from Asia
as one of the drivers of Vancouver's soaring housing prices, the Asia Pacific Foundation of Canada (APF Canada) has written a background document aggregating the available facts, outlining similar challenges in other jurisdictions, and raising the question: Is public policy require
as one of the drivers of Vancouver's soaring housing
prices, the Asia Pacific Foundation of Canada (APF Canada) has written a background document aggregating the available facts, outlining similar challenges in other jurisdictions, and raising the question: Is public
policy required?
The debate prior to this crisis can be (perhaps simplistically) characterised
as between those who argued that an inflation - targeting central bank should care about asset
prices to the extent that they affected the forecasts of output and inflation over the
policy horizon, and those who argued that additional attention needed to be paid to asset
prices and the possibility of credit imbalances.