Sentence examples for before the first rate from inspiring English sources
As it happened, on Sept. 9, 1998, before the first rate increase, the S.& P. rose 5.1percentt in reaction to a hint from Mr. Greenspan that rates might be cut, but then fell back.
That enthusiasm peaked in early March, and although the technology-laden Nasdaq composite index is down 26percentt since then, it is still up 41percentt since June 29 , 1999 the day before the first rate increase.
In the 1981-82 period, the situation was similar, except that before the first rate cut Paul Volcker, the Fed chairman, had increased the Fed Funds rate from less than 5% in 1977 to nearly 20% in 1981.
The cells were incubated at 37 °C for 30 min to allow media temperature and pH to reach equilibrium before the first rate measurement.
Of course, the same argument applies across the developed world; one reason why central banks will be so hesitant before they announce the first rate rise of the next cycle.As for the rest of the world's markets, there was a slight perversity in the initial reaction; since when have massive rate hikes been good news?
We do not expect the first rate hike before the end of 2011," Mr. Weil said.
Stock market investors are bracing for panic selling in New York and London before what is expected to be the first rate rise by the US Federal Reserve since 2006.
The observers were not given any feed-back between the observations, and the order of the fractures was randomly changed before the second rating.
Before the tournament they were the fourth rated team at best behind Australia, South Africa and England.
While the Dow is over 11,000 again, the Nasdaq composite index, despite this week's rally, is still 4.1percentt below where it was before the first Fed rate cut on Jan . 3
But the bond market, which had cut rates sharply in late 2000 even before the Fed acted, has remained largely aloof, and yields on Treasury bonds with maturities of more than five years were higher than they had been on Jan . 2 before the Fed's first rate cut.
