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Winter 2009 VOLTA Workshops Gear Up While Rates Are Down1 p.m. 2:30 p.m. Plenary 2:45 p.m. 4:15 p.m. Breakout Sessions Feb. 12, 2009Ken Smith, President & Kelly Thayer, Analyst The Resource for Great
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What is gear up while rates?
Gear up while rates refer to the process of increasing rates gradually over time.
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All industries that have a vested interest in inflation rates are required to file gear up while rates.
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Gear up while rates can be filled out by analyzing historical data and making projections for future rates.
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The purpose of gear up while rates is to ensure a smooth transition to higher rates without causing a shock to the economy.
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Information such as current rates, projected rates, and the reasoning behind the rate increase must be reported on gear up while rates.
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