The data only goes back to 1976 so much of the period
was in a falling rate environment but that's the only double digit correction I could find.
Not exact matches
Perhaps most concerning
is the study
's findings that the smoking
rate hasn't changed
in poor populations; among the rich, it
's fallen more than five percentage points.
With manufacturing already stagnant, the likelihood of
falling into a new recession next year increases greatly (remember that interest
rates are a long leading indicator, and increases tend to take a year or more to
be felt
in the real economy).
After the U.S. experience during the Great Depression, and after inflation and rising interest
rates in the 1970s and disinflation and
falling interest
rates in the 1980s, I thought the fallacy of identifying tight money with high interest
rates and easy money with low interest
rates was dead.
Gold
fell 1.2 percent on Friday after stronger than expected U.S. payrolls data shored up expectations that a pick - up
in inflation will spur further U.S. interest
rate hikes this year, boosting the U.S. currency,
in which it
is priced.
WA outperformed most states
in December's retail spending results, and with an interest
rate cut and
falling petrol prices, there
are hopes of a retail revival.
When bond
rates rise, which they have this year, these stocks tend to
fall in price as fixed - income products, which
are safer to begin with, become more attractive.
While some of this stimulus has worked — it
's no coincidence that home prices
in Canada have soared since
rates fell in 2009 — for the most part, it hasn't played out the way the experts thought it would.
Gold
fell again
in September, to US$ 1,130, when Fed chair Janet Yellen said a
rate hike
was likely before the year's end.
When the Canada Mortgage and Housing Corporation announced earlier this week that mortgage delinquency
rates had
fallen to the lowest level
in decades during the fourth quarter, there
was a rash of stories patting Canadians on the back for their financial prudence.
Specifically, there
are concerns about what might happen should the tide turn
in the bond markets when 30 years of
falling interest
rates reverses at a time when the Federal Reserve
is preparing to tighten monetary policy by forcing
rates higher.
Kamel brought up the question of
falling rates, saying «You
're raising the standards and you
're dropping the prices [
in general].»
The move spurred speculation that Denmark
's central bank may also depeg its currency; it
's already cut its interest
rates deeper into negative territory to counter pressure from a
falling euro
in the wake of the European Central Bank (ECB) launching a quantitative easing program.
What
's likely to
be a bigger concern for
rate - setters
is that the core
rate, which strips out potentially volatile items like energy and food,
fell to just 0.7 percent
in the year to April from 1 percent the month before.
Shipping, which has
been hit by years of overcapacity and slow economic growth, saw early signs of a turnaround
in early 2017, but freight
rates fell in the second half.
Yesterday, he
was caught
in a video upbraiding a driver for the company who complained about
falling rates, saying he had lost money working with the company.
Burglary Recession desperation
was expected to cause home invasions to escalate, but according to FBI statistics, burglary
rates fell this year
in many large American cities, including Los Angeles and Phoenix.
Critics have worried that the Fed has missed opportunities to normalize policy, but Yellen said «the risk of
falling behind the curve
in the near future appears limited, and gradual increases
in the federal funds
rate will likely
be sufficient to get to a neutral policy stance over the next few years.»
Rosengren did not mention whether he expects a
rate hike before year end, yet the message appeared to
fall in line with that of Fed Chair Janet Yellen who said last month that the case
was «strengthening» to raise
rates.
Here
's what we do know about the state of Afghan security forces: A September report from the Special Inspector General for Afghanistan Reconstruction indicated that ANDSF
is nowhere near its 352,000 target personnel level: Afghan National Army force strength,
in particular,
fell from 185,817
in September 2013 to 168,327
in November 2016, thanks to increasing attrition
rates and fluctuating readiness.
Japan «
s unemployment
rate has
been falling partly due to its shrinking labor force and a shortage of workers
in construction, healthcare and hospitality.
Japan «
s unemployment
rate held steady
in October as the availability of jobs improved and household spending
fell at a slower pace, a tentative sign that a robust labor market
is lending support to domestic demand.
Sterling has
fallen on weaker - than - expected inflation and retail sales data and comments from BOE Governor Mark Carney on Thursday, which traders interpreted as the BOE's
being less committed to raising
rates in May due to recent «mixed» data.
Beer penetration
fell 1 % from 2016 to 2017
in the US market, while both wine and spirits
were unmoved, according to Nielsen
ratings.
The unemployment
rate in Western Australia
was unchanged at 6.1 per cent
in September, however it disguised a
fall in employment as the number of people working
fell by over 9,000 during the month.
While the value of underlying subaccounts of variable annuities
fell through the floor like everything else
in the market
in 2008, the guaranteed income withdrawal
rate (not to
be confused with the
rate of return of the investment portfolio) did not.
Outback Western Australia
is the worst - performing property market
in the nation, according to a new report by
ratings agency Moody's, which also found housing prices
in Perth have
fallen by 8 per cent since peaking
in December 2014.
Timmer: Yeah, so last August which
was a key inflection point for the market — because at that point, nobody
was expecting tax cuts anymore and the 10 - year Treasury had
fallen to 2 %, and the bond market which of course
is always pricing
in the potential future,
was pricing
in only one more
rate hike over the subsequent two years.
Beyond the requirements that liquidity and regulators impose on us, we will purchase currency - related securities only if they offer the possibility of unusual gain — either because a particular credit
is mispriced, as can occur
in periodic junk - bond debacles, or because
rates rise to a level that offers the possibility of realizing substantial capital gains on high - grade bonds when
rates fall.
In the case, «[t] he CBSA argued that these items
are seats and
fall under tariff classifications 9401.71.10 and 9401.80.10 which have associated tariff
rates of 8 per cent and 9.5 per cent, respectively.
In general, it
was the
falling interest
rates and lower equity returns that crushed this sector.
Western Australia's unemployment
rate has
fallen by a surprising 0.9 per cent
in the month of December, while job numbers
were up for a record - equalling 15th consecutive month nationwide, with economists giving positive assessments of the labour market.
Asian stocks
were battered on Friday, amid sharp
falls in commodity prices and growing expectations that the Fed will hike
rates next month.
«Although fuel prices
fell between March 2017 and April 2017, they
were 11.5 % higher than they
were in April 2016, thereby having an upward effect on the inflation
rate.»
Sullivan noted that Dalton's
rating (on a scale
in which 5
is the highest, and
falling below a 4.6 can result
in suspension or termination)
was a 4.73.
«There
's nothing
in the Fed
's models that can rule out the possibility that the «natural»
rate has
fallen a lot further,» he told Business Insider following the release of the latest job figures.
The unemployment
rate fell to 6.7 percent, from 7 percent, but that
was less about job creation than about people, fed up or unsuccessful
in their job searches, dropping out of the labor force.
Between 2007 and 2011, China's annualized growth
rate was 9.3 %; the IMF predicts 2012 GDP growth to
fall to 7.8 % and rise slightly to 8.2 %
in 2013.
Bank - to - bank lending
rates have
been in virtual free -
fall since November last year when news broke that the ECB
was going to flood the banking system with ultra-cheap, three - year cash.
University of Chicago Professor Jeffrey Grogger found
in the study that «police injuries
fell, but neither injury
rates nor the number of injuries to civilians
were affected.»
However, the youth unemployment
rate fell much faster
in Australia, reaching a low of 8.7 %, while Canada's best performance
was a
rate of 10.9 %
in August, 2008.
America's unemployment
rate fell to 7.8 %
in September, while Gallup's U.S. Job Creation Index — which looks at the country's net job creation —
is up 263 % since it bottomed out
in April 2009.
Depending on which period you
're looking at, I suppose you can pick out a recent episode
in which employment
rates in the U.S. increased more than
in Canada, but the most striking thing to me
in that graph
is the much steeper
fall in the U.S. employment
rate.
Rates have,
in fact,
been falling steadily since the 1990s, helping push the home - ownership
rate in Canada to a record high of 68.4 %, according to Statistics Canada.
At this
rate, many people could
be setting themselves up to
fall short
in retirement, Bankrate warns.
First voiced
in the 1970s by Arthur Laffer, an adviser to the Nixon administration who came from the conservative Chicago school of economics, it
was embraced by the likes of Ronald Reagan and Margaret Thatcher and, consensus has it, went a long way to alleviating the stagflation of that era (though
falling energy prices and interest
rates, demographic shifts and yes, deficit spending contributed too).
The move
is a vote of confidence
in the U.S. economy — a signal that consumers and businesses don't need quite as much help via monetary policy now that the unemployment
rate has
fallen to 4.6 percent, close to what economists call full employment.
(As recently as the early 1980s, France's top marginal
rate had
been 60 %, but it gradually
fell to 40 %
in recent years.)
Despite indicators showing that the economy can
in no way
be growing at an annual
rate of 7 % (for example,
in the first seven months of this year, power consumption grew barely 1 % while rail freight
fell 10 %), Chinese officials continue to insist, with a straight face, that growth
is meeting the 7 % target.
Trudeau's Liberal Party under a former leader swept to power
in 1993 and won three subsequent elections — all of them while interest
rates were stable or
falling and the economy
was relatively strong.