The share of interest-sensitive
durable-goods sectors in GDP has decreased.
The Western and Southern Life Insurance Company, and its wholly owned subsidiary Western-Southern Life Assurance Company (both known as Western & Southern Life), are members of Western & Southern Financial Group (Western & Southern) and offer life insurance, interest-sensitive
life insurance, fixed annuities, retirement strategies and personalized needs analysis for individuals, families and businesses in the middle-income market.
In addition, low cession rates, despite an uptick in recent years, have led reinsurers to seek alternative sources of revenue such as interest-sensitive
The uptick in the futures was sparked by comments from Dallas Fed's Kaplan that the Fed should pause for several quarters and further assess the impact of the tighter financial markets, alongside signs of a deceleration in global growth and indications of weakness in interest-sensitive
The ratings also consider the company's small market position and scale along with its interest-sensitive
It slows consumer spending because durables like cars and appliances are mostly bought under installment schemes that are interest-sensitive
. And in a society increasingly dependent on credit for daily purchases (via credit cards), it can slow consumer spending on all else.
In theory, senior market products could be less interest-sensitive
than products for younger customers, because older customers tend to have fewer years of life expectancy, and the products they use may have a shorter duration than the products younger consumers buy.
stocks including property developers and utilities firms retreated more than 0.8 percent on Friday, after Federal Reserve Chair Janet Yellen said that the US central bank should continue to raise interest rates gradually to keep jobs plentiful and inflation low.
Such long-term gains could positively affect interest crediting rates for holders of fixed annuities, universal life insurance and other interest-sensitive
Traditionally, low rates slow the sale of interest-sensitive
retirement products, such as fixed indexed annuities.
"It's not a situation that would completely ring an alarm bell, but it is something that I think is notable enough, that one of the consequence of very low interest rates is it does encourage an interest-sensitive
sector to have price appreciation go up more quickly than it otherwise would," he said.
For example, changes in the relative sizes of industries may affect the overall interest sensitivity of the economy as interest-sensitive
sectors, such as durable goods manufacturing and construction, have contracted, and less interest-sensitive
sectors, such as the private service-providing sector, have expanded.