Indonesia started to throw off the shackles of socialism in the mid-1960s when President Suharto assumed power, and the result has been one of the fastest
sustained economic growth rates in the world.
Not exact matches
And as U.S.
economic growth becomes self -
sustaining, interest
rates can be allowed to rise, which would offer more competition to non-income paying assets such as gold.
In our August letter we pointed out that the turnaround in global
economic growth would continue to reduce central bank enthusiasm for QE (bond purchases) and lead to
sustained upward pressure on bond
rates.
That framework's been in place since the early 1990s, we have hit the target over that 20 year period, the average inflation
rate's pretty close to 2.5 per cent, so we regard that as successful by the terms of the definition that we set ourselves and I think that's made a big contribution to
economic stability more generally and I don't think it's an accident that that period of fairly low predictable inflation has coincided with pretty good
sustained growth in the economy.
Then again, a
sustained period of suppressed interest
rates is only likely in a continued environment of restrained nominal
economic growth.
As Bank of Japan governor Haruhiko Kuroda put it: «With the level of nominal interest
rates being high, Japan's economy will have more policy room to mitigate the impact of future
economic downturns, or will be equipped with a sort of insurance for
sustained economic growth.»
Those problems» which include the morally reprehensible habit of loading mountains of unpayable debt onto the backs of future generations» can not be addressed without
sustained economic growth that dramatically lowers the unemployment
rate.
Eric S. Rosengren, who believes that, with the unemployment
rate still elevated and the inflation
rate well below the target, changes in the purchase program are premature until incoming data more clearly indicate that
economic growth is likely to be
sustained above its potential
rate.
There are no signs of
sustained economic deterioration right now, but the economy's
growth rate can not really pick up.
But because worries about global
economic growth, inflation and the threat of central bank
rate hikes are one catalyst for the climb of bond yields, some analysts worry that the move higher may prove
sustained and inflict damage to the world's biggest economy.
A primary concern related to the low saving
rate is that we have the inability to
sustain levels of domestic investment critical to long - term
economic growth without infusion of and dependence on foreign capital.
Voting against the action was Eric S. Rosengren, who believes that, with the unemployment
rate still elevated and the inflation
rate well below the target, changes in the purchase program are premature until incoming data more clearly indicate that
economic growth is likely to be
sustained above its potential
rate.
The UAE has recorded one of the highest population
growth rates in the world over the past two decades,
sustained by an
economic boom as the UAE grew its petroleum production capacity and diversified its revenue base into tourism, trade and services.
Speculative construction is once again taking place on a very modest scale, and a combination of tightening market conditions and
sustained economic growth are expected to support healthy leasing activity, incremental gains in rental
rates and a continued decline in overall vacancy.
Still - tightening market conditions and
sustained economic growth will likely continue to support healthy leasing activity and incremental gains in rental
rates in 2017.
These characteristics will
sustain our housing market as Canada's
economic growth rate slows this year,» says Lawby.