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For example the period of low and predictable interest rates before the financial crisis helped drive a 'search for yield' and leverage cycle, even with inflation subdued.adding thatIt doesn't take a genius to see that similar risks exist today.Indeed, such policies are very difficult to unwind.
When it periodically starts running deficits (as it is now) and proposes cost-saving measures like eliminating Saturday delivery or closing tiny post offices, Congress often intervenes under pressure from predictable interest groups like bulk mailers, the 600,000 postal employees, and the users of those tiny offices.
The DoJ says some victim accounts were of "predictable interest" to the FSB, Russia's foreign intelligence and law enforcement service, such as personal accounts belonging to Russian journalists; Russian and U.S. government officials; employees of a prominent Russian cybersecurity company; and numerous employees of other providers whose networks the conspirators sought to exploit.
This is even more complicated when you consider that the risk result can be a positive or negative and that the consequence can be predictable (interest rates rise bond prices fall) or contrary (George W. Bush is reelected stock prices fall!).
Additionally, the summary of allegations released by the Justice Department notes that "some victim accounts were of predictable interest to the FSB," including those belonging to Russian journalists, officials of various governments, and prominent figures in the private sector.
Banks go to the discount window all the time for loans as part of the ordinary course of business, and those loans come with a low, predictable interest rate (currently 0percentt).
Similar(53)
For a nation-state, defined by territory and predictable interests, can be influenced and negotiated with much more readily than transnational, essentially stateless, jihadists.
But now that it has emerged that Maria is a Roma child, it is painfully predictable that global interest in her fate will fade.
The announcement of the 2009 TV Bafta nominations has created a predictable flurry of interest around the inclusion of Jonathan Ross, so soon after his well-publicised broadcasting shame, but a closer look at the list reveals a staggeringly good year in television.
This taught us a lesson: what causes indiscriminate withdrawals from emerging and developing markets is global financial volatility, not small and predictable changes in interest rates.
Predictable predictions?
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com