Yet there are reasons to fear that there will be such a decline slower growth means fewer competitive pressures for heightened efficiency diminished risk tolerance means a lower appetite for innovation and experimentation and nominal interest rates pinned at the zero lower bound means that society s savings cannot be used effectively.

It is a monetary instrument that the central bank must rely on when its policy interest rate has hit the zero lower bound and thus cannot be pushed lower. The debt level of the government is irrelevant to the decision to use it.

The train is bound for London.

This train is bound for Zhongshan Park.

except someone who is bound for hell.

except someone who is bound for hell.

He boarded a plane bound for Los Angeles.

(c) Because these emigrants paid contributions for lower professional categories, so that they were much lower.

A supplicant asked for a punishment bound to happen

A supplicant asked for a punishment bound to happen

The long term consequences for women were lower earnings, lower pensions and greater vulnerability in old age.

The zero lower bound arises because nominal interest rates cannot fall below zero. But if nominal interest rates stay positive, while inflation is negative, then real interest rates may become too high for an economy in recession, causing recession to become more severe and prolonged.

Textbooks are being drafted for lower grades.

The employer bound by a collective contract has to determine in its labour rules, developed in coordination with the union, the lowest salary, which cannot be lower than the lowest salary determined by the branch union.

marked out for it my bound, set bars and doors,

marked out for it my bound, set bars and doors,

The oxygen is bound by metabolism, we use it for energy.

The plane bound for Beijing is going to take off soon.

Because of the way it is structured, the study only suggests a lower bound on the effects of CRA compliance. It focuses on the differential impact of the CRA on banks undergoing examination and those not undergoing examination.

Lower the mask, dear dentist, lower the mask.

The same is true for vulnerability of lower castes.

The entire Encyclopedia Britannica bound in a single volume, for travel purposes.

When pressure is lower, the boiling point is lower.

Like most other central banks confronted with the recession, the SNB has reduced its policy interest rate all the way to the zero lower bound. Once there, traditional monetary policy becomes impotent, as the interest rate tool is no longer usable.

The Court of Appeal, upholding the decision of the lower judge, deemed the CISG applicable to the case, because both China and Austria were Contracting States to the CISG and Hong Kong S.A.R. is bound by treaties entered into by China.

Existing technologies provide lower risk, lower cost opportunities for new businesses to gain footholds by applying such technologies to address specific local needs.

(a) Lower than budgeted expenditure for official travel and training

Consent to be bound

We're culture bound listeners.

He's bound to forget.

You're bound to fail.

That will then become a reward for the lower frequency behavior.

The comprehensive survey conducted in March 2004 found that the existing United Nations salary scale was substantially lower than the scale of comparators, that is to say, 40.7 per cent lower for the General Service category and 32.5 per cent lower for the National Officer category.

It is bound to happen.

He's otherwise completely wheelchair bound.

And others bound in fetters.

And others bound in fetters.

And I just watched their little bodies rise and lower, rise and lower.

I give you Congo, which was high, Ghana lower. And Kenya even lower.

They said We do not care, for we are bound to return to our Lord,

They said We do not care, for we are bound to return to our Lord,

In 2004, about 110,000 Iranian trucks transported goods bound for Central Asian countries and Afghanistan.

A further condition for responsibility is that both States are bound by the obligation breached.

It would then be returned to the Lower House for final approval.

Access to education was low, in general, but much lower for women.