Sentences with phrase «quarter point cut»

Nevertheless, I find it untenable that a quarter point cut in January was enough to close the output gap one year earlier than the Bank of Canada's models were otherwise telling them would occur in the absence of a small cut especially since only 15bps of that cut was passed through.

Not exact matches

The slowdown in business inventories trimmed 1.5 percentage point from growth in the fourth quarter and the reductions in defence spending cut another 1.3 percentage point from growth.

Goldman Sachs cut its second - quarter GDP growth estimate by three tenths of a percentage point to 1.0 percent.

Economists said the two reports combined suggested that the third - quarter 3.5 percent annual growth pace could be cut by as much as half a percentage point when the government publishes its revisions later this month.

So the Bank of Canada's quarter - point cuts in January and July have yet to work all of their magic.

Williamson said the PMIs pointed to fourth - quarter GDP growth of 0.1 percent, weaker than the 0.2 percent predicted in a Reuters poll last week, but that very weak expansion is coming at a cost: firms cut prices for the 33rd month.

Toronto - Dominion is the latest major bank to declare a recession in Canada, saying the «balance of probabilities» has tipped in favour of another quarter - point rate cut next week.

Speaking by phone from Montreal on Wednesday, economist Paul - Andre Pinsonnault predicted Governor Stephen Poloz will cut the policy rate by a quarter point to 0.25 percent next month, matching a record low set in 2009 during the global financial crisis.

Second - quarter 2016 results, announced in early August, point to a simple explanation: Investors think the company's dividend will be cut before the next distribution later this year.

Counterpunch Against the recommendations of most economists and even the Financial Times of London, the Federal Reserve Board yesterday cut its discount rate by yet another quarter - point, to just 2 %.

At this point, remove the seed and cut each of the halves lengthwise to produce long quartered sections of the avocado.

Cut the cabbage in half on a cutting board (you'll have two quarters in front of you at this point).

The Falcons jumped out to a 21 - 3 lead on the strength of three first - half touchdown tosses by Ryan before the Lions scored 13 unanswered points to cut Atlanta's lead to 21 - 16 with 13:26 left in the fourth quarter.

One of the Terrapins» two touchdowns came on a 100 - yard kickoff return by sophomore William Likely, though that only cut Stanford's lead to 28 points in the fourth quarter.

The Warriors cut into the Spurs» lead in the fourth quarter, moving within two points of San Antonio after Stephen Curry nailed a mid-range jumper off a hand - off with 4:52 left in the game.

The Nets led by as many as 15 points in the fourth quarter, but the Raptors cut it down to a single - possession game following a huge Nets meltdown.

A pair of blocked field goals and a 72 - yard bomb from Lee to Darren Waller early in the fourth quarter cut Ole Miss» lead, once 16 points, to 23 - 17.

Russia led by a healthy margin until late in the third quarter, when Lithuania cut a 12 - point deficit to four in the last minutes of the third quarter, and the fourth and final period was marked with high intensity and lights - out shooting.

Houston appeared on the verge of taking an eight - point lead to the fourth quarter before Lillard buried a corner three at the buzzer to again cut the deficit to five, setting up the exciting finish.

The Bulls opened a 15 - point lead late in the first quarter before Washington finished the frame with a 6 - 0 run to cut it to 36 - 27.

There is a sizeable Bronx cheer when Marshall Koehn scores the first Hawkeye points of the day, a 39 - yard field goal to cut Iowa's deficit to 35 in the third quarter.

During the quarter, it says it «grew its user base by 2.5 million readers, bringing its total registered users to 14.5 million, with 15 percent of its new user base coming from the U.S.» That last point is important, as it suggests the Toronto - based Kobo is making some progress in cutting into a U.S. e-reader market dominated by Amazon (s AMZN) and, in a distant second place, Nook (s BKS).

At that time, the bank decided to take a pre-emptive move to support the economy to deal with the economic effects of the collapse in oil prices, cutting its key rate a quarter point to 0.75 per cent.

The central bank cut its rate by a quarter percentage point on Wednesday to 0.5 per cent.

In the U.S., for example, the Federal Reserve cut its target funds rate to 0.25 % in the wake of the 2008 crisis and, with the exception of last December's quarter - point hike, has left it there ever since.

The central bank cut its target for the overnight rate by a quarter of a percentage point to 0.5 per cent.

A posting on the Inman News blog indicates that National Association of Home Builders expects more short - term rate cuts by the Fed this year, with quarter - point cuts in the federal funds rate at the Fed's Oct. 31 and Dec. 11 meetings.

Today's fee cut will lower the cost of most FHA loans by 25 basis points, or one quarter of 1 percent, saving a typical homebuyer about $ 500 a year, Castro said.

It's a saying directed at currency traders, but when Bank of Canada governor Stephen Poloz announced his second quarter - point interest rate cut earlier this month, he also provided some travel advice of his own: «Try to get yourself a room somewhere in P.E.I. this summer,» he said.

The Bank of Canada cut interest rates by a quarter of a percentage point twice in 2015 to help the economy deal with a plunge in oil prices, but it said Wednesday that adjustment has been made.

Castro said the cut, of a quarter of a percentage point, was necessary to offset rising mortgage rates.

But in the grand scheme of things, that amounts to a 6 percentage point cut in US greenhouse gases — or about one - quarter of the emission cuts necessary to hit Obama's 2025 climate goal.

At the NAR Midwinter Business Meeting in Honolulu, Tuccillo told attendees he wasn't surprised by the Fed's decision to cut the federal funds rate by a quarter point on Jan. 31.

But skeptics have pointed out that while 75 % of companies have beaten second - quarter earnings expectations, cost cutting, including layoffs, has been a major reason behind earnings surprises.

At the hearing, Carson also said he wasn't briefed by the Obama administration before its decision on Monday to cut premiums the FHA charges by a quarter of a percentage point.

The overnight rate was cut a quarter point today.