Word: adjustments
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Dates: during 2000-2009
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...rule out shorter ARMs, but be careful. Low "teaser" rates are enticing but might rise more quickly than they have in the past. Says Larsen: "Particularly if long-term rates end up lower than short-term, which could happen, the ARMs will adjust dramatically...
...There are two messages from the central bank, one obvious, the other subtle. First, Australians are about to experience a rise in interest rates at a time when those who adjust the knobs on monetary policy admit that the job of doing so has never been more difficult. In part, that's because the evidence is inconclusive on whether the economy is running too fast (and hence requires a quick cold shower), or if it has slowed enough to ease the pressure on inflation. Professional economists cannot agree on what the board of the Reserve Bank's next move...
...patience. And somehow just at the moment when the experts all say the parent-teacher alliance is more important than ever, it is also becoming harder to manage. At a time when competition is rising and resources are strained, when battles over testing and accountability force schools to adjust their priorities, when cell phones and e-mail speed up the information flow and all kinds of private ghosts and public quarrels creep into the parent-teacher conference, it's harder for both sides to step back and breathe deeply and look at the goals they share...
What the Faculty of Arts and Sciences (FAS) should do is adjust its finals schedule to bring it up to date with the sleep and work habits of its students. And University Hall can do this in a way that doesn’t discriminate against either morning people or late-night people. It should adopt the Wellesley system of final examination in which students have a week-long period during which they can elect to take any final exam for any class within certain hours of the day. Wellesley students simply have to check in with a proctor...
...International Ice Hockey Federation in Zurich has already warned clubs against overspending. "Many clubs are treating this extraordinary situation as if there was no tomorrow," says spokesman Szymon Szemberg. "It's like pennies from heaven. Nobody can really blame you for stuffing your pockets, but you shouldn't adjust your lifestyle according to this." Szemberg says increased ticket sales and sponsorship are unlikely to cover the extra cost of the players. Can this reunion last past the NHL lockout? Russian hockey legend Alexei Kasatonov, who now trains teams in New York City, seems to think so. "If a salary ceiling...