It raised the interest rate paid on excess and required
reserves by a quarter point to 0.5 percent.
Not exact matches
SoundCloud's existing cash
reserves will only carry it through to the fourth
quarter of the year, which is less than 50 days away, according to sources cited
by TechCrunch.
Selling the site is expected to add $ 550 million to the company's cash
reserves and the first
quarter results showed revenue increasing in three of Bombardier's four businesses, led
by a 21 percent rise in its rail unit.
As far as excess
reserves are concerned, B&K argued back in 2016 (when the IOER was a mere 0.25 %), «the only potential loans that would have been affected
by the Fed's payment of interest are those with risk - adjusted short - term returns between precisely zero and one -
quarter percent — surely a tiny fraction of the total.»
Since then, China has experienced net capital account outflows, and as these exceeded the current account surplus from mid-2014 until very early 2017, we saw
reserves drop
by roughly one
quarter from their peak.
GE said in January that it would boost
reserves by about $ 15 billion over seven years and take a $ 6.2 billion charge against the fourth
quarter following a review and
reserve testing for GE Capital's run - off insurance portfolio.
The data is unambiguous on current economic conditions - GDP growth in the last
quarter of 2015 was a meager 2.11 % with full year growth of 2.79 % according to the National Bureau of Statistics (NBS); inflation rose sharply to 11.4 % in February with prospects of reaching 12 %
by March; capital markets have remained bearish; according to UNCTAD Nigeria's FDI fell
by 27.7 % to $ 3.4 billion in 2015, and on current trends may fall even more precipitously in 2016; the de facto exchange rate of the Naira for most producers and consumers is now N322 / $ even though CBN maintains a nominal N197 / $ for privileged persons; several economic sectors - construction, government, manufacturing, oil and gas and hotels and restaurants are in recession or barely out of it; government's official foreign
reserves is down to $ 27.8 bn; and unemployment and under - employment rates have worsened 10.4 % and 18.7 %
by the end of 2015.
He added, «It must be stated that Nigeria's foreign
reserves, which stood at $ 28.6 bn
by May 2015 when President Buhari took over power, declined steadily to $ 23.89 bn
by the last
quarter of 2016.
At Xcel Energy, the utility firm with the highest total wind capacity in the United States, the number of forecasting errors has dropped since 2009, saving customers some US$ 60 million and reducing annual CO2 emissions from fossil -
reserve power generation
by more than a
quarter of a million tonnes per year, says Drake Bartlett, a renewable - energy analyst with the firm who is based in Denver, Colorado.
It has also revealed that nearly three
quarters (71 per cent) of school leaders are only able balance their budgets
by making cuts or dipping in to
reserves, and that 72 per cent of school leaders say their budgets will be unsustainable
by 2019.
(hh) If the unencumbered amount of cumulative surplus revenue from tuition held
by a charter school at the end of a fiscal year, less (i) the amount of the fourth
quarter tuition payment, (ii) the amount held in
reserve for the purchase or renovation of an academic facility pursuant to a capital plan, and (iii) any
reserve funds held as security for bank loans, exceeds 20 per cent of its operating budget and its budgeted capital costs for the succeeding fiscal year as is reported in a capital plan to be submitted in the school's most recent annual report, the amount in excess of said 20 per cent shall be returned
by the charter school to the sending district or districts and the state in proportion to their share of tuition paid during the fiscal year.
In the fourth
quarter, the Company recorded a $ 12.5 million tax benefit, driven primarily
by the utilization of previously
reserved deferred tax assets.
In fact, a new statement released
by leading scientists suggests that nearly three -
quarters of fossil fuel
reserves — especially coal — must remain unused if the world is to limit temperature rise to 2 degrees Celsius.
There is another way to get to Hatteras, and that is
by reserving a trip on a ferry boat from either Swan
Quarter or Cedar Island to Ocracoke Island.