Sentences with phrase «set at the inflation»

The cap will be set at the inflation rate or 2 percent, whichever is lower.

Not exact matches

Their inflation - indexed pension income is set at about 70 % of the retiring wage, including the Canada Pension Plan (CPP).

While the annual contribution limits are set at 18 % of the previous year's earned income, they are capped at about $ 25,000 a year (although indexed to inflation).

So it might not be the Great Depression, but short - term prospects dimmed considerably over the weekend — so much so that Kit Juckes, a currency strategist at Société Générale, lamented the possibility that data set for release this week could show that U.S. wages finally are growing faster than inflation.

The Fed left its key short - term rate at 1.5 per cent to 1.75 per cent — the level it set in March after its sixth increase since December 2015 — as it gradually tightens credit to control inflation against the backdrop of a tight labour market and a pickup in consumer prices.

So, the government could actually spend gazillions of dollars and set its rates at 0 % permanently (which might cause high inflation, but you get the message).

Fed interest rate policy aims to keep inflation at reasonable levels and uses the PPI as a guide when setting interest rate policy.

To set policy today central banks must work out how they think inflation will respond to falling unemployment, and markets must guess at their thinking.

Almost all of the public discussion at the time on the appropriate setting for monetary policy focused on the inflation outcomes excluding the influence of the changes in the tax rate (Graph 4).

The recognition that growth / employment outcomes were an important consideration for the central bank was initially seen as setting the RBA apart from other inflation - targeting central banks where the rhetoric (at least) reinforced the primacy of price stability.

Once it is clear that such a setting had done its job, the framework calls for it to be replaced by one more likely to keep inflation at the target.

The median income adjusted for inflation is also at a record high, above the peak of $ 58,882 set in 2000.

(As an aside, that fiscal spend boost is probably not coming until Q2 2016 at the absolute earliest — though this is still within the BoC's 6 - 8 quarter projection horizon for getting inflation sustainably back on target / setting policy to close the output gap.)

At this point, nine years later, the S&P 500 has set a series of inflation - adjusted record highs based on monthly averages of daily closes.

«With inflation set to stay outside the RBA's target band until at least mid-2017, we expect to see another cut in the cash rate in August to a low of 1.5 per cent.»

Suppose that, instead of paying attention to the inflation rate, the Fed had set itself the task, from 1996 onward, of keeping nominal GDP growing at a steady rate of, say, 4.5 percent.

Fixed income securities, such as bonds and preferred stock, subject investors to the greatest amount of purchasing power risk since their payments are set at the time of issue and remain unchanged regardless of the inflation rate.

It looks particularly at the elements that have evolved differently to what was expected two years ago, such as the terms of trade, the exchange rate, growth, labour markets, inflation and consequentially monetary policy settings.

The weight of this evidence suggests that it would take a set of heroic assumptions to believe that inflation will remain at the current extremely low levels.

With inflation set at 3.9 % the real increase in beer tax is about # 130 million, according to stats provided by the British Beer and Pub Association.

Private estimates set inflation at 25 % and fiscal deficit at 7 % of GDP.

«We'd like the government to at least set a date for stopping above - inflation fare rises and also use the fares review... to create a simpler and fairer fares system.»

Mr. Speaker, based on our policy objective of ensuring macroeconomic stability, and growing the economy for job creation, whilst protecting social spending, the following macroeconomic targets are set for the 2018 fiscal year: • Overall GDP growth rate of 6.8 percent; • Non-oil GDP growth rate of 5.4 percent; • End period inflation rate of 8.9 percent; • Average inflation rate of 9.8 percent; • Fiscal deficit of 4.5 % percent GDP; • Primary balance (surplus) of 1.6 percent of GDP; and • Gross Foreign Assets to cover at least 3.5 months of imports of goods and services

The Empire Center's Ken Girardin: «School budgets were approved at a record - high rate of 99.3 percent, adding to evidence that districts can live within a property tax cap set at either 2 percent or the prior year's average rate of inflation, whichever is less.»

Mr. Speaker, consistent with our medium - term development policy framework, we have set the following macroeconomic targets for the medium term (2018 - 2021): • Real GDP to grow at an average rate of 6.2 percent between 2018 and 2020; • Inflation to stay within the target band of 8 ± 2 %; • Overall fiscal deficit to remain within the fiscal rule of 3 - 5 percent; • Primary balance expected to improve from a surplus of 0.2 percent of GDP in 2017 and remain around 2.0 percent in the medium term; and • Gross International Reserves to cover at least 4 months of imports.

The chancellor revealed the welfare cap would initially be set at # 119 billion in 2015/16 before rising in line with inflation to # 127 billion in 2018/19.

A spending plan that overrides the limit on tax levy increases — set at 0.12 percent this year given flat inflation — requires a 60 percent majority to be approved.

The tax cap, in place since 2012, is set at limiting levy increases to either 2 percent or the rate of inflation, whichever is lower.

At the same time, the Treasury set a new inflation target, and it would be the Bank's duty to use its power to adhere to that target.

Opponents claimed that it would lead to a poorly co-ordinated economic policy and could potentially lead to conflict in fiscal and monetary policy aims, resulting in particular from an over-emphasis in setting rates to meet inflation targets at the expense of other factors such as the exchange rate.

Brian Fessler with the New York State School Boards said with the state property tax cap set at 2 percent or lower, depending on the rate of inflation, schools don't have many ways of raising extra funds.

One suggestion broached by the New York State Association of School Business Officials and other Albany - based groups is to set the baseline cap at a flat 2 percent, getting rid of the inflation rate as a factor.

The Bank of England's Monetary Policy Committee had already set the bank rate as low as possible at 0.5 %, but decided that in order to meet the inflation target of 2 % further action was needed.

At 1:30 p.m., 1,000 low - wage workers and advocates will descend on Albany to urge the Senate and Assembly to pass legislation that would raise the state minimum wage to $ 10.10, index it for inflation, and allow cities and counties to set their wages 30 percent higher than the state's minimum, Million Dollar Staircase, state Capitol.

State lawmakers in 2011 approved a limit on local property tax increases, setting the cap at 2 percent or the rate of inflation, whichever is lower.

The cap, which is 2 percent on tax levies or the inflation rate, whichever is less, was set at.68 percent.

It is the first time inflation has been at the government set target of two per cent since November 2009.

Figures released yesterday showed inflation at 3.3 % - far exceeding the two per cent target set by the Bank of England.

Brian Fessler, with the New York State School Boards, says with the state property tax cap set at 2 percent or lower, depending on the rate of inflation, schools don't have many ways of raising extra funds.

So, if these waves are discovered — and both Scott and I have been part of a group that has been looking at we might be able to do in the next set of satellites that may look for this, and John has been a leader in thinking about building experiments to look for these things — if we detect gravitational waves from inflation, there is a real possibility of pinning things down [enough] so that one could perhaps convince every physicist that inflation happened.

And then, suddenly, there was light: At the «surface of last scattering,» which emerged about 380,000 years after inflation ended, photons were set free to travel in all directions.

The reality is that Texas has set the TAKS bar exceedingly low going back at least to 2003, following a consistent policy of serious grade inflation on our high - stakes tests.

Mortgage lenders, on the other hand, make a variety of loans at different times, which means they are making loans under a constantly changing set of inflation circumstances.

I am setting the withdrawal rate at 4.0 % plus inflation.

If you set up a TIPS ladder at a 2 % (real) interest rate AND if you withdraw 4.0 % of your initial balance (plus inflation) for 20 years, you end up with 51.4 % of your initial balance (plus inflation).

In the first year of the program (2009) the amount was set at $ 5000 and every subsequent year this amount increases according to the inflation rate.

Canada started using an inflation target to guide monetary policy in 1991 and has kept the target set at two per cent since 1995.

While the annual contribution limits are set at 18 % of the previous year's earned income, they are capped at about $ 25,000 a year (although indexed to inflation).

I found this projection interesting and set out to examine how realistic it is, given what we know at this point in time, by decomposing total stock returns to its components, namely dividend yield, inflation, real earnings growth and change in the valuation multiple.

I set the withdrawal rate at Year 0 and adjusted withdrawals later to match inflation.