WHEN KARIM WEBB GOES TO CLOSE his next real estate deal, he'll try to lock in a mortgage
rate as early as possible.
What to do as interest rates rise: following these investment tips can help you keep pace with inflationary pressure
In addition, the currency component expanded at about the same
rate as the M1 total, spurred by considerable demands from abroad.
Monetary policy report to the Congress
The Revenue Reconciliation Act of 1993 (RRA) increased individual tax rates by creating a fourth bracket of 36% on taxable income in excess of $140,000 for married filing jointly, or in excess of $115,000 for singles.(2) In addition, there is a 10% surtax on taxable income in excess of $250,000.(3) This surtax results in a marginal tax
rate as high as 39.6% on taxable income in excess of $250,000.
Tax-deferred savings plans
if that gap were to continue to close at the same
rate as over the 1976-88 period and if the proportion of women participating in the labor force were to continue to rise at the same
rate as during the 1980s, growth in the female labor force participation rate would remain at the 1980-90 average of 1112 percentage points per year for another decade.
Issues in labor supply
Manufacturing employment has continued to shrink this year at about the same
rate as in the second half of 1989, and construction payrolls also have declined since the winter.
Monetary policy report to the Congress
These reasons are by no means mutually exclusive, of course; those who raise new funds may be motivated by an opportunity to lower the interest
rate as well.
Mortgage refinancing
From May to December, M1 rebounded at a 4 percent
rate as the cumulating effects of falling interest rates and post-tax-payment rebuilding boosted demands for this aggregate.
Monetary policy report to the Congress
One consequence of this confluence of international factors has been increasing attention to the exchange
rate as an influence on prices and output and as a channel through which various forces, including monetary policy, affect the economy.
Monetary policy in an era of change
Thus, a significant number of those who use credit cards as a borrowing device may have balances small enough to render the interest
rate a secondary consideration in deciding which cards to hold.
Developments in the pricing of credit card services