"raise benchmark" is a correct and usable phrase in written English.
It can be used to describe a situation in which a standard or measure of excellence is improved or made higher. For example, "The organization worked hard to raise the benchmark for customer service by increasing the speed and accuracy of their response times."
The expansion may prompt central banks to raise benchmark interest rates, driving up bond yields.
Altogether, the figures suggested that the government would be under no pressure to raise benchmark interest rates to curb inflation.
However, long-term bond yields were mostly steady since traders still doubt that the central bank will raise benchmark lending and deposit rates by more than 54 basis points this year, as is already priced into that part of the yield curve.
Fed Acknowledges Hurricane's Effect But Continues to Raise Benchmark Rate Saying that Hurricane Katrina was unlikely to pose a "persistent threat" to the economy, the Federal Reserve raised interest rates for the 11th consecutive time and signaled that more rate increases are on the way.
With this raise, Benchmark GP Mitch Lasky will be joining the Ubiquity6 board.
The Federal Reserve's program of quantitative easing is coming to an end, and investors expect that, at some point in the future, the Fed will start to raise benchmark rates.
Beijing responded at midyear by raising benchmark interest rates for the fourth time since April 2006 and raising banks' reserve ration requirement for the eighth time since July 2006.
NEW YORK TIMES Indonesia Raises Benchmark Interest Rate | The move by the Indonesian central bank on Thursday was a "desperate effort to shore up a currency that has been badly hit by the recent sell-off in emerging markets worldwide," The New York Times reports.
The central bank has raised benchmark interest rates five times since October and lifted banks' reserve requirement ratio -- its preferred policy tool so far -- nine times.
In 2006, the governor signed legislation that raised benchmarks for the production of wind power and promoted environmentally sensitive siting for transmission lines.
The Fed did not raise its benchmark interest rate until the following March.
