For example, Berkshire Hathaway uses the rolling five-year performance of the S&P 500 as its benchmark to signal its longer-term perspective.
Sceptics point out that the PBOC moved the floor for the lending rate from 90% of its benchmark to 70% a year ago, but Chinese banks did not rush to lend below the 90% mark.
The World Trade Organization uses Codex guidelines as its benchmark to adjudicate trade disputes involving food and pesticide matters.
More have passed through the work programme, which this week was found to have utterly failed to meet its benchmark targets to get the long-term unemployed back to lasting employment.
The central bank was forced to raise its benchmark rate to a record 15percentt last week to defend the krona after a 30percentt slump against the euro this year.
Our bond fund performance grades look at how the fund fared relative to its benchmark and to similar funds over the past five years, in which we look at each month during that period as bullish or bearish.
Economists expect the E.C.B. to cut its benchmark rate to a record low of 0.5 percent from 0.75 percent when it meets Thursday.
Economists now expect the bank to cut its benchmark rate to a record low of 0.5 percent from 0.75 percent when it meets on Thursday in Bratislava, the capital of Slovakia, another of the few euro zone countries still growing.
The Federal Reserve has been signaling that, with the economy improving, it could start raising its benchmark rate to keep inflation in check, perhaps as soon as next month.
To keep it under control, the Central Bank on Nov. 27 raised its benchmark rate to 10percentt.
