Exact(3)
The Federal Reserve rarely changes interest rates between official meetings of its policy committee, and even when it does it rarely moves rates by more than a quarter of a percentage point.
Usually the Fed moves in a rather stately fashion; the Federal Open Market Committee, which sets interest rates, meets only about once every six weeks, and moves rates in modest steps.
If it all sounds too familiar for comfort, that's why some are concerned about the Fed's move toward "normalising" interest rates, as it moves rates above 0% and back to pre-crisis levels.
Similar(57)
Hollingworth said he expected lenders to move rates up as soon as the base rate starts to go up.
The timing of the decision on when to move rates will move into "sharper relief" around the turn of the year, Carney repeated on Thursday.
Despite the change in inflation language, Mr. Feinman said, "the basic message is that they are not likely to move rates any time soon".
With inflation at zero, Andy Haldane, the Bank's chief economist, said in a recent interview: "There is no rush to move rates from where they are right now".
By contrast, if the Fed waited too long and higher inflation did materialize, the Fed can move rates as high as it needs to deal with that problem.
The OECD is urging the ECB to move rates closer to zero and begin quantitative easing, arguing that shrinking economies in Europe are adding to deflationary pressure.
I wish Europe would move faster and move rates lower.
Now Britain and the European Union are moving rates up, making their debt more attractive.
Write better and faster with AI suggestions while staying true to your unique style.
Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com