A similar pace of increases between 2003 and 2006 most certainly did cool the economy, and the rise in short - term rates (and the effects of Fed policy on funding costs in global markets) may have precipitated the early days of the subprime ARM crisis, when rates were being adjusted sharply upward, causing payment shock for borrowers.
Not exact matches
«If the economy evolves as I anticipate, I believe further
increases in interest rates will be appropriate this year and next year, at a
pace similar to last year's,» Loretta Mester, president
of the Federal Reserve Bank
of Cleveland, said this month.
If the exercise work rate is free to vary, then experimental interventions such as changes in ambient temperature, oxygen content
of the inspired air, energy substrate availability or the provision
of incorrect distance feedback all alter the power output (
pacing strategy), whereas the rate
of increase in RPE has been found to be
similar between conditions.13 20 21 24 — 26
The number
of parking spaces has not
increased at anything like a
similar pace.
As global temperatures rise, the frequency
of extreme El Niños in the models then
increases at a
similar pace.