Augusta National vs ANA: 17-year-old Heck chooses ANA, says there is no wrong answer

first_img Reuters AugustaApril 3, 2019UPDATED: April 3, 2019 16:01 IST The world’s 11th-ranked amateur golfer Rachel Heck chose to contest the ANA Inspiration instead of the Augusta National (Reuters Photo)HIGHLIGHTS17-year-old highschooler Rahel Heck turned down the inaugural Augusta National Women’s Amateur eventThe world’s 11th-ranked amateur chose to contest the ANA Inspiration in CaliforniaHeck took barely 12 minutes to decide she wanted to play against battle-hardened professionalsMost amateurs would be green with envy over a rival having the chance to play at the home of the Masters but teenager Rachel Heck had no hesitation in turning down an opportunity to compete in the inaugural Augusta National Women’s Amateur event.Instead, the world’s 11th-ranked amateur chose to contest the first women’s major championship of the year, the ANA Inspiration at Mission Hills in California.Heck was among several leading amateurs forced to choose between the Augusta National Women’s tournament that starts in Georgia on Wednesday or the ANA which begins on Thursday.Leading amateurs had nearly 12 months to weigh the pros and cons of each event since the clash in dates became apparent when Augusta National announced its new tournament, but for Heck it took more like 12 minutes to decide.The chance to play with the world’s best women was too good to pass up.”Last spring we saw that the dates were the same. I also knew without a doubt I couldn’t turn down the ANA,” the 17-year-old from Memphis said in a telephone interview with Reuters.”My experience in majors has been so amazing. This is what I’ve grown up dreaming of.”Heck took no time to show she could compete against battle-hardened professionals in her first two major appearances.A tie for 33rd at the 2017 U.S. Women’s Open was followed by a share of 44th place at the Evian Championship last year.Smiles all around today #ANAInspiration Inspiration (@ANAinspiration) April 3, 2019advertisementGame’s ElitePleased though she was with the results, Heck was even more excited at the chance of playing with some of the game’s elite – including the Jutanugarns, Ariya and Moriya, at the Evian.”I was a really big fan of theirs and I’m an even bigger fan now,” Heck said of the Thai sisters.”They’re the kind of people that made me want to choose the ANA. They are so kind. They didn’t act as if I was some amateur.”And I played the final round of the U.S. Open with Lexi Thompson when I was 15. She was the same way.”Heck would seem to have a bright future as a professional, but is in no hurry. After finishing high school next year she plans to attend Stanford University in California.”Academics are really important to me and my family,” she said. “I want the experience of playing on a team. I think my game is going to improve a lot when I’m there. There’s plenty of time to turn pro after that.”This is for every girl.#DriveOn LPGA (@LPGA) March 20, 2019Perhaps there will also be a chance one day to play Augusta National, even if it will be later rather than sooner.”We all recognise they are two great opportunities,” she said of the conflicting events this week.”There is no wrong decision.”Also Read | Tiger Woods beats Rory McIlroy in Match Play but loses in quarters to BjerregaardAlso Read | Vani Kapoor becomes first Indian to grab Australian LPGA cardAlso Read | The story of Arjun Bhati, a 14-year-old Indian golf sensationAlso Watch | What is wrong with their culture? Sangakkara, Styris discuss RCB’s poor start to IPL 2019For sports news, updates, live scores and cricket fixtures, log on to Like us on Facebook or follow us on Twitter for Sports news, scores and updates.Get real-time alerts and all the news on your phone with the all-new India Today app. Download from Post your comment Do You Like This Story? Awesome! Now share the story Too bad. Tell us what you didn’t like in the comments Posted byRoshni Tags :Follow Women Golf AssociationFollow women golf professionalsFollow Women’s GolfFollow Augusta National GolfFollow ANA Inspiration classic Augusta National vs ANA: 17-year-old Heck chooses ANA, says there is no wrong answerSeventeen-year-old highschooler Rachel Heck turned down the chance to play at the inaugural Augusta National Women’s Amateur event to contest against battle-hardened professionals at the ANA Inspiration women’s major.advertisement Nextlast_img read more

TD says Bank of Canada may sound dovish but wont cut interest

by Julian Beltrame, The Canadian Press Posted Jul 22, 2014 2:18 pm MDT AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to RedditRedditShare to 電子郵件Email TD says Bank of Canada may sound dovish, but won’t cut interest rates OTTAWA – Bank of Canada governor Stephen Poloz is often accused of sounding dovish — to keep the loonie in check — but that won’t lead to lower interest rates, says the TD Bank in a new analysis.At a news conference last week, Poloz made headlines by referring to the “serial disappointment” of the global recovery, while downgrading Canada’s economic outlook once again, this time to 2.2 per cent growth this year.Markets reacted to Poloz’s cautionary words by clipping the wings of the loonie in anticipation that if the central bank wasn’t going to gut interest rates, it would at least keep the current one per cent setting in the overnight rate in place longer than expected.Given what’s happened in the economy during the first six months of 2014 — stalled jobs growth, 1.2 per cent economic growth in first quarter in Canada, contraction in the U.S. — Alexander said more monetary easing could be justified.But, he added, it’s “highly unlikely” the bank will go in that direction and that markets are probably correct in pencilling in the first rate hike for the fourth quarter of 2015, or about 15 months from now.That’s because the U.S. Federal Reserve is moving toward tightening, and a lower rate in Canada could encourage more borrowing in real estate. As well, inflation is perking up, even if the bank does not yet see it as a problem.“One can debate whether the Bank of Canada will tighten monetary policy before, in tandem, or after the Fed,” said Alexander.“But one cannot debate that higher rates in the U.S. will also mean higher rates in Canada.”The Bank of Canada’s overnight rate has been set at one per cent since September 2010.David Madani of Capital Economics has been among the vocal private sector analysts in suggesting that Poloz should consider cutting rates, but he has also said the most likely outcome is that rates will stay unchanged for a longe term.Most analysts, however, believe it would require a major economic shock, such as another recession, for the Bank of Canada to ease rates further, in part because borrowing costs are already at or near historic lows.The unofficial C.D. Howe monetary policy council is recommending that the overnight rate be jacked up by three quarters of a point to 1.75 per cent by next July.Alexander says when rates do start heading north, the central bank will likely do so in slow and incremental steps, until it reaches a normal or neutral position.The question is what the “new normal” will look like. In the 1990s, the normal or neutral policy rate — the setting when the economy is operating at full capacity — was between 4.5 and 5.0 per cent, said Alexander.Now, some U.S. economists believe the Fed’s new neutral, when it comes to it, will be at about two per cent, which would imply a similar setting for Canada.“In my mind, this is too low, as it implies a real neutral level of zero per cent (when inflation is factored in),” Alexander says.“In other words, the next move is a hike, but the rebalancing of monetary policy should not lift it beyond (that) range.”That’s can be attributed to the new cruising speed of the economy will also be slower, at about two per cent, according to the Bank of Canada. read more