The phrase "raise the benchmark" is a commonly used and correct phrase in written English.
It means to set a higher standard or goal for measurement or comparison. Example: In order to improve the quality of their products, the company decided to raise the benchmark for their production standards.
The central bank's recent decision to raise the benchmark interest rate, albeit to just 0.25percentt, is worrying some analysts.
One council member, Andrew Sentance, voted to raise the benchmark rate to 0.75 percent from the record low of 0.5 percent.
Fingers crossed, hearts open; let's raise the benchmark of gender equality and get the work of these wonderful women the recognition they deserve.
And we recognise we will need to raise the benchmark in terms of general services".As for Fifa, there are much more pressing concerns than Russia 2018.
Fed policy makers meet next Tuesday, when economists expect policy makers to raise the benchmark lending rate an 11th consecutive time, by a quarter point, to 3.75percentt.
The president of the central bank, Jean-Claude Trichet, reiterated Thursday that policy makers were ready to raise the benchmark interest rate further to fight inflation threats even as governments struggle to contain Greece's worsening debt crisis.
Then, the bank raised the benchmark interest rate to 4.25 percent from 4 percent even as the financial crisis was gathering force.
The bank has raised the benchmark interest rate twice since April to prevent inflation in fast-growing countries like Germany and the Netherlands.
C1 Fed Raises Rates Again The Federal Reserve raised the benchmark federal funds rate on overnight bank loans to 4.25percentt from 4percentt.
The central bank raised the benchmark interest rate to 7 percent on Dec. 20 from 6.5 percent, which was already the E.U.'s highest.
The central bank has raised the benchmark interest rate by a collective 1.25 percentage points to 4.25 percent in five moves since Oct. 7.
