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"The downward draft in Treasuries is exerting downward pressure on mortgage rates, but not as much as normal," he said.
On wages, the picture is more mixed, with some evidence immigration actually pushes wages up overall, while exerting downward pressure on wages for low-skilled workers.
A long handle was used to turn a heavy wooden screw, exerting downward pressure against the paper, which was laid over the type mounted on a wooden platen.
It is just as likely that it would exert downward pressure on costs by exerting downward pressure on benefits, on coverage, and on the quality of the health care provided.
The central bank's bond-buying program is meant to encourage borrowing and spending and make Japan's exports more competitive, while also exerting downward pressure on interest rates and on the yen.
The latter process is, of course, already underway and Khan rightly says it should generate "truly affordable homes" though TfL's current logic is that the more high cost dwellings it co-builds in partnership with private firms, the more loot it accumulates for buying buses, improving Tube and rail and, yes, exerting downward pressure on fares.
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"Should" exert downward pressure on costs?
It could also exert downward pressure on house prices.
And it has also exerted downward pressure on wages in the US economy itself.
But meanwhile, diluting the dollar's share in official reserves will exert downward pressure on it.
Still, no matter how expertly an apartment is staged and marketed, competition in the same building typically exerts downward pressure on prices.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com