Sentences with phrase «raise interest rates this year for»

However, on Thursday, Federal Reserve Chair Janet Yellen said the U.S. central bank was on track to raise interest rates this year for the first time in nearly a decade.

Not exact matches

The U.S. is about to raise interest rates for the first time in eight years.

The Federal Reserve's decisions over the past 12 months to continuously raise interest rates from the near zero percent level of the past few years have made it more profitable for big banks to lend money.

The positive data were released a day after the Federal Reserve felt confident enough in the economy to raise interest rates for the third time this year.

Investors will be looking for signs that the Fed is moving closer to raising interest rates, which is currently expected to happen sometime next year.

The Fed is expected to raise interest rates for the first time this year on Wednesday, and the question is what it will say about the rest of the year.

Federal Reserve officials followed through on an expected interest - rate increase and raised their forecast for economic growth in 2018, even as they stuck with a projection for three hikes in the coming year.

If the majority of private sector economists are correct, the Bank of Canada will raise interest rates on July 12 for the first time in nearly seven years.

Where were you when the U.S. Federal Reserve announced, at 2 p.m. Washington time on December 16, 2015, that it would raise its benchmark interest rate for the first time in nine years?

They are expected to raise interest rates for the third time this year.

On July 12, the central bank finally did so, raising interest rates for the first time in seven years.

The Fed is likely to raise interest rates three or four more times this year, and that will have far - reaching consequences for consumers.»

Bets the European Central Bank might consider raising interest rates by the end of 2018 due to evidence of higher inflation and business activity in the euro have lifted the euro, which was poised for its best yearly performance versus the greenback in 14 years.

Richmond Federal Reserve President Jeffrey Lacker — a known proponent for raising rates and a non-voting member of the FOMC this year — said Tuesday there was a strong case for raising interest rates, arguing that borrowing costs may need to rise significantly to keep inflation under control.

The U.K. had been expected to follow close behind the Federal Reserve in raising interest rates for the first time in nearly a decade, but with lower commodity prices and weak wage growth still keeping a lid on inflation, economists now think that the U.K. may not raise rates till 2017 — even though new data out Wednesday showed the employment rate hit a 45 - year high of 74 % in the three months to November.

«This makes the Fed look nuts» for continuing to raise interest rates this year, Blanchflower said, particularly since officials have chronically undershot their 2 % inflation target for the bulk of the economic recovery.

The Federal Reserve raised interest rates Wednesday for the first time in a year and just the second time in more than a decade.

When the Federal Reserve Board meets later this month, there's a better than 50 - 50 chance it will raise its benchmark interest rate for the first time in seven years.

The economy may be healthy enough for them to raise interest rates, but the new 0.5 percent to 0.75 percent target for the benchmark fed funds rate, up a quarter point from where it had been, remains far below the historical norm — and, by all indications, the Fed still expects rates to stay low for at least a few more years.

The case for lower interest rates is weaker, but most forecasters still expect the Bank of Canada will wait at least a year to raise borrowing costs.

The central bank bombarded markets in the past week with the message that it could raise interest rates for the second time in nine years as early as June, if the economy continues to improve as expected.

In December, the Federal Reserve raised interest rates for the first time in 9 years — but they're still low, and will remain low for some time.

In short, credit availability and cost are not issues and haven't been for many years, even with the Federal Reserve raising interest rates.

China's slowdown comes as the Federal Reserve (Fed) is considering raising US interest rates for the first time in nine years.

Although the Fed is likely to take a gradual approach to raising short - term rates, long - term interest rates — including 10 - year Treasury notes, which serve as an index for government student loans — are already on their way up.

The central bank is likely due for a pause after raising interest rates twice this summer, but the strength of the labour market will keep Bay Street talking about a third increase before the year is out.

Given that U.S. short - term interest rates are stuck at zero, and are likely to remain unusually low for some time even if the Federal Reserve starts to raise rates later this year, return for cash this year is almost certain to be negative.

Though an improving economy later this year could lead to a pickup in loan demand and raise earnings potential for banks, it's true that traditional banks are struggling with low rates and declining net interest margins.

The Fed will continue to hold off on raising interest rates, perhaps for the remainder of the year.

Fed staff have laboured for years on the mechanics of this exit process; they can't be sure how it will transpire, since the Fed has never had to raise interest rates with so much excess reserves in the system.

The central bank raised interest rates for the first time this year in March; its most recent announcement came after a meeting of its Federal Open Market Committee.

Bond indexes have declined this year, as the growing economy has led the Fed to raise interest rates and investors have grown increasingly concerned about the potential for accelerating inflation.

«My feeling is that really since the latter part of last year, a number of challenges have raised up for the stock market,» Paulsen said, noting that stock valuations are higher, interest rates are rising, the labor market is tightening, and it appears inflation could finally be on the horizon.

«The energy sector posted stronger returns in September due to a rebound in oil prices which helped lift Canadian equities, while the bond market slipped into negative territory after strong Canadian economic growth led the Bank of Canada to raise interest rates for the first time in seven years,» said James Rausch, Head of Client Coverage, Canada, RBC Investor & Treasury Services.

On March 31st the Federal Reserve raised its benchmark interest rate for the sixth time in 3 years -LSB-...]

On March 31st the Federal Reserve raised its benchmark interest rate for the sixth time in 3 years and signaled its intention to raise rates twice more in 2018, aiming for a fed funds target of 3.5 % by 2020.

Gold prices will recover next year as demand in China and India improves, according to Australia & New Zealand Banking Group Ltd., which forecast an advance for bullion even as the Fed raises interest rates.

The U.S. Fed have just stopped their quantitative easing, this action is predicted to raise interest rates for the U.S. by next year — two major factors that push the precious yellow metal's prices down now.

It takes more than a year for a change in the benchmark interest rate to affect borrowing decisions, so to contain inflation, Poloz and his deputies on the Governing Council must raise interest rates before the CPI actually touches two per cent.

Mercer said the board decided to revise its outlook in light of the recent housing changes and growing expectations that the Bank of Canada could raise its interest rate next week for the first time in seven years.

«Six - plus years into what has been a very tepid expansion, is it finally time for the Fed to raise short - term interest rates?

The Reserve Bank has moved early to raise the cash rate to levels that deliver interest rates for borrowers and depositors more like those that have been the average experience over the past 10 to 12 years.

The Federal Reserve just raised interest rates for the first time in a year.

As expected, the Fed raised interest rates at its December meeting, but for the first time in more than a year, two members of the rate - setting committee dissented, in favor of leaving monetary policy on hold.

The number of people filing for bankruptcy in the U.S. and U.K. has been falling steadily for the past few years, but charities and analysts are concerned that homeowners could get in trouble if the U.S. Federal Reserve and the Bank of England raise interest rates.

The Federal Reserve meeting last week, where the central bank raised interest rates for the fifth time in the last 15 months and signaled two more are on the way by the end of the year, should have breathed new life into the bears.

U.S. equities closed mixed on Wednesday after the Federal Reserve raised interest rates for the second time this year.

«Six - plus years into what has been a very tepid expansion, is it finally time for the Fed to raise short - term interest rates?

«The administration has said to the lenders, don't raise the interest rates and don't reset the interest rate on these adjustable rates for five years.

Your credit card interest rate will probably rise and fall along with the Prime Rate as it changes, and the Federal Reserve raised its benchmark interest rate Dec. 14 for only the second time in eight yerate will probably rise and fall along with the Prime Rate as it changes, and the Federal Reserve raised its benchmark interest rate Dec. 14 for only the second time in eight yeRate as it changes, and the Federal Reserve raised its benchmark interest rate Dec. 14 for only the second time in eight yerate Dec. 14 for only the second time in eight years.