The BPA continues to express concerns that wind operators will force it to reserve a greater percentage of its hydro generation as backup reserves and could ultimately compromise operations if too much water builds up.
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The reserve ratio is the percentage of reserves a bank is required to hold against deposits.
This could encourage workers to pass up potential job opportunities. (It could also encourage people to register as unemployed, without affecting underlying labour supply.) Most studies suggest that the extensions can be blamed for an increase in the unemployment rate of about a percentage point, although a new report from the Federal Reserve Bank of San Francisco says the effect is much smaller, just 0.4 percentage points.
Aiming to cut the levels of yuan in circulation, the People's Bank of China is increasing the banking reserve ratio by half a percentage point to 13.5%.
But meanwhile, the Federal Reserve has cut the discount rate three percentage points since last September, and may lower it to two percent this week.
Last month the Fed cut the federal funds rate (applied to money that banks lend to each other overnight to meet reserve requirements) by 1.25 percentage points, to 3%, in just eight days--the biggest one-month reduction in 25 years.
We've pointed out that the Federal Reserve lowered interest rates three quarters of a percentage point in effort to flood the economy with money and stave off a recession, or - if we're already in one - a worse recession.
This week America's Federal Reserve raised interest rates by a quarter of a percentage point for the 16th meeting running, to 5%.
The Federal Reserve said Friday it has approved a half-percentage point cut in the discount rate - a dramatic move aimed at calming markets roiled by a widening credit crisis.
The Federal Reserve cut a key interest rate by a quarter-percentage point Tuesday to 4.25 percent in an effort to buoy a U.S. economy battered by tighter credit and a continuing mortgage crisis.
The Reserve Bank of Australia last week cut rates by half a percentage point.
In Australia, the Australian dollar fell after the Reserve Bank of Australia cut interest rates by a quarter of a percentage point to 2.75%.
The dramatic, and what some saw as a panicked, reaction by the Federal Reserve, to cut interest rates by three-quarters of a percentage point sent mixed signals.
Australia was in focus after the Reserve Bank of Australia lowered its official interest rate by a quarter percentage point to 2.75 percent amid some signs the economy is coming off the boil as the Australian dollar rises.
According to the Federal Reserve, these students have a high school graduation rate six to eight percentage points lower than those who have home access to the Internet.
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The deposit liabilities of Federal Reserve Banks, however, are the reserve deposits that banks are required to maintain at the Fed as a percentage of their own deposit liabilities.
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Until recently, the dollar was helped by the Federal Reserve's policy of raising interest rates (a quarter of a percentage point at 16 consecutive meetings after June 2004) at a time when the Europeans held steady.
In late January, the Reserve Bank of India reduced its policy rate by a quarter of a percentage point, the first cut since April 2012, but tempered expectations of further reductions due to high inflation and a wide current account deficit.
In late January, the Reserve Bank of India cut its policy lending rate by a quarter of a percentage point--the first rate cut since April and the second in about four years--but said it had limited room to ease rates further given India's high inflation and wide current-account deficit.
That bond-buying program is more than 60% larger than the U.S. Federal Reserve's monthly purchases of Treasury and mortgage-backed securities, as a percentage of the economy.
Bond markets cheered the data hoping the Reserve Bank of India would continue lowering rates, adding to the three quarter-percentage-point cuts it made so far in 2013.
Uncertainty about future economic conditions has added at least a percentage point to the unemployment rate, according to Sylvain Leduc and Zheng Liu of the Federal Reserve Bank of San Francisco.
In Australia, the Reserve Bank of Australia surprised investors by lowering its benchmark interest rate by 0.25 percentage point to a record low of 2.75%.
Mike Smith, LaBarbera's teammate in Phoenix, had a save percentage of .836 and a goals-against average of 4.62 in three games before going on injured reserve with a groin injury.
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