Sentences with phrase «slowing credit growth»

Not exact matches

Much of the growth in recent years has come from household spending, which must slow eventually because so much of that spending was done on credit.

But the country's GDP growth will slow to 6.4 percent in 2018 and 6.3 percent in 2019 due to monetary policy changes and the government's efforts to curtail credit and debt, it added.

According to data in the Department of Finance's Budget 2014 document, annual growth in mortgage credit has slowed substantially, and is now way below the average of the last two decades.

Enthusiasm for auto debt comes at a time when aggregate growth of mortgages, credit cards, lines of credit and other forms of borrowing has slowed.

The report noted that many policymakers see weak credit growth generally in the global economy as a primary reason behind the slow economic recovery.

Although Mark Carney has been unable to compel Canadians to stop borrowing as long as his interest rate policy encourages the opposite, credit growth has at least begun to slow.

The Issues Small - business owners are likely to face daunting problems in 2013: higher taxes, slow economic growth and an unfavorable credit market.

This happened in the second half of 2013, when Beijing responded to slowing growth with a stealth stimulus plan that unleashed more bank credit for investment.

But «while growth rates of mortgages slowed over 2008 - 2009,» CGA - Canada reported last May, «the pace of expansion of consumer credit accelerated.»

In Canada, the growth in household credit has continued to slow and has fallen broadly in line with growth in disposable income, and overall activity in the housing market has moderated.

Chapter 2 looks at efforts by policymakers to revive weak credit growth, which has been seen by many as a primary reason behind the slow economic recovery.

Yet risks could return in the second half as U.S. rates increase and China's credit - fueled growth improvement slows.

If you're business is busy during the summer months, the flexibility of a business line of credit can also help you take advantage of opportunities to fuel growth during the busy months that could continue to generate revenue during a slower season.

Meanwhile, it could be argued that the spike in volatility is a somewhat overdue response to slower economic growth and deteriorating credit market conditions.

In fact I suspect the reason credit growth in the past year or two has not slowed nearly as sharply as it should, or as sharply as required by the economic analysis implicit in the Third Plenum reform proposals, is precisely because of the expected impact of meaningful credit constraint on GDP growth.

Beijing can manage a rapidly declining pace of credit creation, which must inevitably result in much slower although healthier GDP growth.

The second set of policies that Beijing should implement to protect the country from a lost decade of much slower growth is to create alternative sources of demand as quickly as possible that do not require credit expansion.

As a result of the commission he said «credit standards are tightening [and] credit growth in the regulated sector is slowing.»

Negative conditions in the general economy both in the United States and abroad, including conditions resulting from financial and credit market fluctuations and terrorist attacks in the United States, Europe or elsewhere, could cause a decrease in corporate spending on enterprise software in general and slow down the rate of growth of our business.

And for all the muddle, the one thing that seems clear is that the risks to the economy and particularly the labor market — which is generating solid job growth and even some wage gains (for which we should all give Chair Yellen and the Fed serious credit)-- remain «asymmetric:» there's a greater risk of needlessly slowing non-inflationary growth than there is of inflation accelerating.

Actually, I think the claim that credit growth has slowed is more complicated than what you suggest.

To some extent, stock market action also implies expectations for slower economic growth, though interest rate signals, such as a flat yield curve, are more suggestive of slow growth than stock market action is, and we've yet to see a substantial widening of credit spreads that would suggest imminent recession.

It is difficult to model the many ways credit intensivity of growth can change, but if we simply assume that there is no improvement except as growth slows, so that the ratio between credit growth and GDP growth stays constant, the table below shows debt levels at the end of ten years at different GDP growth rates:

When facing instability, they have used measures to slow excess such as «frothy credit growth,» Lagarde said.

The Biz2Credit Small Business Lending Index also reported that approval rates by credit unions and alternative lenders were relatively unchanged, while institutional lenders continued slow but steady growth in approval percentage.

Inflation squeeze predicted to ease but consumer spending likely to be restrained and consumer credit growth set to slow

RBI TIGHTENS CREDIT - PROVISIONING NORMS FOR INDIAN BANKS By Aaron Chaze As growth slows in India, the central bank is pushing banks to prepare for higher credit CREDIT - PROVISIONING NORMS FOR INDIAN BANKS By Aaron Chaze As growth slows in India, the central bank is pushing banks to prepare for higher credit credit costs.

Why is the market going up with unemployment so high, consumer debt outrageous, an environment where taxes must go higher, energy 5xs the norm, housing still depressed, access to credit stunted, expensive war expenditures, the Greece failure, a weak dollar, and slow economic growth?

Year - ended business credit growth remains more moderate than that for household credit, but in contrast to the slowing in household credit growth, it has continued on the broad upward trend evident over the past few years.

Given the need to deleverage the economy after seven years of very rapid credit growth and given the slow growth of China's more developed trading partners, it seems inconceivable that there could be any significant upturn in the growth rate anytime soon.

Credit growth slowed a little in recent months to an annual rate of 10 per cent in the six months to September (Graph 36).

Domestic demand has been held back by weak consumption, which fell by 2.6 per cent over the year to the December quarter in response to restrictive measures introduced in 2002, aimed at slowing the previously very strong rates of growth in consumer credit.

With low money and credit growth persisting, inflation below target and growth slower than in previous years I now expect the BoE's Monetary Policy Committee to keep interest rates unchanged during this year.

Third, in response to slower growth and lower inflation (owing partly to lower commodity prices), the world's major central banks pursued another round of unconventional monetary easing: lower policy rates, forward guidance, quantitative easing (QE), and credit easing.

Over the past year, household credit has increased by around 20 per cent, and with the value of housing loan approvals continuing to rise over recent months, there seems little prospect for a near - term slowing in the pace of growth.

And a prolonged crisis risks putting the brakes on a recovery in European credit growth, slowing the region's recovery.

Tight credit conditions, the ongoing housing contraction, and some slowing in export growth are likely to weigh on economic growth over the next few quarters.

Managers clearly want to own these large cap financials, but a combination of a slowing economy and the Fed's manipulation of the credit markets is making sustained top line growth elusive.

If instead approvals were to fall by 4 per cent per month, housing credit growth would be expected to slow to a three - month - annualised rate of 9 per cent by mid 2005.

Looking forward, there is little evidence to suggest that the rate of credit growth is likely to slow in the near term, with new loan approvals for housing having increased by 24 per cent over the six months to August.

Assuming that approvals remain at their new lower level, housing credit growth would be expected to slow from a three - month - annualised rate of 25 per cent to a still rapid rate of around 18 per cent by mid 2005 (Graph C4).

Given the strong growth in approvals, there is little prospect that the rate of housing credit growth will slow in the short term.

In contrast to housing credit, the growth rate of personal credit has slowed somewhat over recent months, to an annualised rate of around 12 per cent over the six months to December, compared with 16 per cent over the six months to September; the slowdown in the growth rate of fixed - term and credit card lending was particularly marked.

This begs the following question: how fast can personal consumption grow if new debt growth slows or bears a higher interest burden or credit losses escalate?

The International Monetary Fund (IMF) has published very robust research involving more than 140 countries around the world which demonstrates that countries with extreme levels of inequality (1) tend to experience much slower rates of economic growth; and (2) are far more susceptible to the kind of severe financial / banking / credit crisis that America just went through five years ago.

The governor is credited with lowering corporate taxes and slowing the growth in property taxes, but New York continues to rank among the least - business friendly states in the nation, according to numerous surveys.

In other words, Arizona's scholarship tax credit and ESA laws have barely slowed the growth in district school enrollment.

The concern is that as rates rise it will cost companies more to roll over their obligations, and if earnings begin to slump as economic growth slows, that could blow out leverage ratios and lead to credit - rating cuts.

Household credit growth has slowed to 5 % in April from a 9 % clip over the past 10 years.

• Growth in household debt slowed to 0.9 % in the first quarter, driven by a slower rate of borrowing in consumer credit and mortgage loans, Statistics Canada said Friday.