But the benefits would be modest, and would certainly fall far short of compensating for the £150m annual deficit the channel now forecasts.
Lower the return to saving, and they will just save even harder to achieve their goal.Research by Malhar Nabar of the IMF suggests that higher interest rates would indeed bring down saving rates, but the effects would be modest.
But the benefits most likely would be modest, as rates already are very low and already are widely expected to remain near zero into 2014.
The amount saved would be modest — but with ordinary Americans sacrificing so much, the symbolic power of politicians cutting their own perks is huge.
Investors knew returns would be modest but perceived the asset class as risk-free, an important concept in both financial theory and portfolio construction.
In a memorandum to trustees released yesterday by the university, SUNY's chancellor, Robert L. King, said the tuition increase would be modest, but he was not specific.
I do have some directorships, but the income from those would be modest compared to my other income.
Additional resources required for the screening of black women from age 40 or 45 would be modest, but there could be organizational difficulties in identifying the relevant population for invitation.
The prime minister, Beata Szydło, said the government would introduce fresh proposals by the end of the year but hinted that any new restrictions would be modest.
The impact of United Healths departure from the marketplaces would be modest nationally, but significant in some states, where premiums would rise and consumers would have less choice, according to the Kaiser Family Foundation.
