Sentences with phrase «rates by a quarter point»

Gross domestic product contracted at an annual rate of 0.5 % in the second quarter and 0.8 % in the first, which is exactly what the Bank of Canada predicted in July when it dropped its policy rate by a quarter point.

Yellen announced that the Federal Reserve is raising the interest rates by a quarter point to 1.5 %.

The bets for an earlier shift receded after the latest inflation numbers, but there now is a consensus the Bank of Canada will raise its benchmark interest rate by a quarter point in the autumn, probably October.

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.

So once again, the Federal Open Market Committee raised the Fed Funds target rate by a quarter point.

(BPT)- The nation's central bank - the Federal Reserve - just raised interest rates by a quarter point.

December 13 - 14: The FOMC raised the fed funds rate by a quarter point, to 0.75 percent.

The Federal Reserve (Fed) raised interest rates last week as we had long expected, lifting rates by a quarter point.

The U.S. Federal Open Market Committee said on Dec. 13 it would raise its target range for the federal funds interest rate by a quarter point, to between 1.25 percent and 1.5 percent.

A central bank willing to raise interest rates by a quarter point at a time?

When the central bank increased its benchmark interest rate by a quarter point in July, Governor Stephen Poloz said the next change would depend on incoming data.

The June jobs data blew past expectations, all but insuring that the Bank of Canada will hike interest rates by a quarter point next week — the first rate hike in seven years.

Fed boosts rates another quarter - point — The Federal Reserve voted to increase its target federal funds rate by a quarter point, triggering an equal rise in APRs on credit card balances... (See Fed)

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.

Earlier this week, Federal Reserve officials announced they would increase the short - term federal funds rate by another quarter point.

Not exact matches

The Bank of Canada announced this morning that it is dropping its target interest rate by a quarter of a percentage point to 0.75 %.

Millions of Americans will, of course, be affected with rates going up by a quarter point.

And it also means that bond market traders believe we're likely to see at least a quarter point hike in interest rates by the middle of next year.

The 7 - 2 vote for the rate move, the Fed's third this year, raises the benchmark lending rate by a quarter percentage point to a target range of 1.25 percent to 1.5 percent.

Economists at Macroeconomic Advisers boosted their forecast for fourth - quarter economic growth by three - tenths of a percentage point to an annualized rate of 2.4 percent, on the «unexpected strength» in consumer spending.

This raises the benchmark lending rate by a quarter percentage point to a target range of 1.25 percent to 1.5 percent

About half the economists surveyed by Bloomberg News now say the Bank of Canada will drop its benchmark interest rate a quarter point to 0.5 % today.

Deutsche Bank economists predict the curve will invert in 2019 as the Fed keeps raising interest rates by a quarter percentage point every quarter, as markets expect.

The quarter - point rate hike announced by the Fed was expected.

Even so, new projections released by the Fed show that officials expect three quarter - point rate hikes next year, one more than was forecast in the September projections.

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.

Yum Brands, in reporting third - quarter earnings, stated «foreign currency translation remains a strong headwind» and that it expected the exchange rate «to impact full - year earnings per share by about 5 percentage points.»

The dollar is seeing some support as the markets anticipate that the Fed will raise interest rates by a quarter - point next Wednesday.

Just like it did a year ago, the Federal Reserve on Wednesday sent its key short - term interest rate up by a quarter of a percentage point.

So if we can expect 3 more quarter - point hikes this year it would seem to make sense to stick to short - term CDs yielding around 2 % now and then look for a longer - term one at around 3.5 % at EOY, especially if one — I am in this camp — thinks that by EOY the odds of recession will have risen enough that further rate hikes in 2019 will be looking doubtful.

Feb 02, 2017 In December 2015, the Federal Reserve raised the federal funds rate by a quarter of a percentage point.

Looking ahead: The Federal Reserve recently increased the federal funds rate by a quarter - point and the U.S. Central Bank is forecasting at least two more rate hikes this year.

Whenever the Fed decides to act, the initial rate increase will be small — a quarter of a percentage point — but it looms large psychologically because it will be the first increase in short - term rates by the Fed since June 2006.

Prior to the release of the jobs report, the futures market was assigning a 93.5 percent probability to another quarter - point rate hike by the Federal Reserve at their mid-June meeting.

As expected, as their meeting concluded yesterday, Federal Reserve Chair Janet Yellen and company decided to raise the benchmark interest rate they control by one - quarter of a percentage point.

The Fed has raised its policy rate by a quarter - point five times starting December 2015.

The most recent GDP release is a case in point: the drag induced by the drop in inventories subtracted more than two percentage points from the annualized fourth quarter GDP growth rate.

is a case in point: the drag induced by the drop in inventories subtracted more than two percentage points from the annualized fourth quarter GDP growth rate.

The Bank of Canada today announced that it is lowering its target for the overnight rate by one - quarter of one percentage point to 1/2 per cent.

The country's biggest banks raised their prime rates after the Bank of Canada hiked its overnight lending rate earlier this month by a quarter of a percentage point to 1.25 per cent.

The Fed raised its benchmark overnight lending rate at its March 20 - 21 meeting by a quarter percentage point to a target range of between 1.50 percent and 1.75 percent.

While this turnover rate in its customer base improved by 12 basis points in the quarter, there's still a lot of work there left to do.

The Federal Open Market Committee has raised its key interest rate by a quarter of a percentage point, in its attempt to leave zero rates behind.

Following an interest - rate hike by the Mexican central bank, the Mexican peso saw substantial gains as the quarter - point increase satisfied market expectations.

According to the Federal Reserve Board's G. 19 Consumer Credit report, the total amount of consumer credit outstanding rose by 5.2 percent (SAAR) over the 1st quarter of 2017, 2.4 percentage points less than the 6.6 percent rate of growth in the 4th quarter of 2016.

When the Federal Reserve raises its benchmark Federal Funds Rate — as it did on June 14 by a quarter - point — attention tends to focus on interest - rate increases on debt and future borrowRate — as it did on June 14 by a quarter - point — attention tends to focus on interest - rate increases on debt and future borrowrate increases on debt and future borrowing.

Specifically, the BoC predicts that the impact of a 100 basis point rise in policy rates would peak after 5 quarters, at which point it would lower GDP by 0.6 %.

When the Federal Reserve raises its benchmark Federal Funds Rate — as it did on June 14 by a quarter - point — attention tends to focus on... Read More

It raised the interest rate paid on excess and required reserves by a quarter point to 0.5 percent.

In a statement ending its latest policy meeting, the Fed boosted its key short - term rate Wednesday by a modest quarter - point to a still - low range of 1.5 percent to 1.75 percent.