"The E.C.B. has given itself some room by no longer stating that inflation will be in line with price stability over the medium term," Morgan Stanley said in a report to clients.
If extra liabilities relating to Northern Rock and other banks are excluded because they could be paid off in the medium term, UK debt is at around 40% of gross domestic product, better than France, Germany and the US, which are at more like 60%, while Japan is at a hefty 180%.
In the medium term, NATO offers the only serious supranational security structure.That the French have won a fair deal on the third condition may, however, help to fend off charges that the country is gaining too little in return for rejoining NATO's integrated command.
The top ten problems cited by the NFIB's members include "uncertainty over economic conditions", "uncertainty over government actions" and "frequent changes in federal tax laws and rules" (see table).Business-backed groups such as the Campaign to Fix the Debt argue that, in the medium term, Congress needs to bring America's swelling debts under control.
By the fourth quarter of last year Intel started shipping the new, smaller generation of chips from its Oregon plant, which helped the company achieve its highest ever gross margin.Still, over the medium term Intel cannot correct America's trade deficit by itself.
In our previous report, we found that the 9-month QOL (medium term QOL) did not differ according to the TSH stimulation method (rhTSH or hypothyroid-assisted RAA) but we did not take into account the QOL potential confounding variables including the baseline QOL status of patients [ 8].
Because domestic yields have been so skimpy — even negative for short- and medium-term Treasury securities when adjusted for inflation — some specialists argue that this might still be a propitious time for American bond investors to look abroad.
This chart here, from the Center on Budget and Policy Priorities, shows the impact that the 2001 and 2003 Bush tax cuts – inspired by dynamic scoring – have had on the medium-term US budget deficit, currently stretching to over $1 trillion annually.
"If this program were successful, not only would yields on medium-term Treasury securities fall, but (because of links operating through expectations of future interest rates) yields on longer-term public and private debt (such as mortgages) would likely fall as well," Mr. Bernanke said then.
Should you accept that reduced return from the medium-term Treasury?
