The world where the wisest committee in the land can possibly fine-tune inflation by shifting interest
rates a fraction here or there one month or the next ended on September 11.
Because households and businesses are large net holders of government securities lengthening the maturity of debt temporarily reduces income flows and spending decisions by shifting interest
income further into the future.
It was quite interesting to see JLT outshining Downtown Dubai, depicting a shifting interest
of buyers and investors towards affordable localities.
Indeed, shifting interest
rate expectations for the ECB and BOE remain supportive of the move.
The very factors that have led to upgrades in higher-rating classes-- namely fast prepayment speeds causing a buildup in credit support due to the shifting interest
structures--hurt triple-B bonds with their reliance on excess spread as the sole means of support," said Warrack .
7 cent against the dollar in foreign exchange markets that had expected the European bank to stick to its previous policy of shifting interest
rates in quarter-point steps like the Bank of England.
Indeed, from a technical perspective, it appears that EUR/USD could climb further, and shifting interest
rate expectations are working in favor of gains as well.