Central bank interest rates

July 17, 2019 - 6:52 pm
SEOUL, South Korea (AP) — South Korea's central bank has cut its policy rate for the first time in three years to combat a faltering economy that faces further risks from a heated trade dispute with Japan. The Bank of Korea on Thursday lowered the key interest rate by a quarter percentage point to...
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U.S. Federal Reserve Chairman Jerome Powell speaks during a dinner hosted by the Bank of France in Paris, Tuesday, July 16, 2019. Finance officials from the Group of Seven rich democracies will weigh risks from new digital currencies and debate how to tax U.S. tech companies like Google and Amazon when they meet in the Paris suburb of Chantilly tomorrow. (AP Photo/Michel Euler)
July 16, 2019 - 11:53 am
WASHINGTON (AP) — Federal Reserve Chairman Jerome Powell said Tuesday that the 2008 financial crisis accelerated major changes in the U.S. and global economies, leading to slower growth, lower inflation and lower interest rates. Delivering remarks to a Paris economic conference, Powell said that...
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Currency traders work at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Tuesday, July 16, 2019. Asian shares were little changed and mixed in quiet trading Tuesday amid a lack of fresh market-moving news as investors looked ahead to earnings season. (AP Photo/Ahn Young-joon)
July 15, 2019 - 11:35 pm
TOKYO (AP) — Asian shares were little changed and mixed in quiet trading Tuesday amid a lack of fresh market-moving news as investors looked ahead to earnings season. Japan's benchmark Nikkei 225 lost 0.6% to 21,546.25 in afternoon trading. Australia's S&P/ASX 200 lost nearly 0.1% to 6,646.40...
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FILE - In this June 6, 2019, file photo specialist John Parisi, left, works with traders on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Friday, July 12. (AP Photo/Richard Drew, File)
July 12, 2019 - 7:17 am
NEW YORK (AP) — U.S. stocks were modestly higher in early morning trading on Friday, as declines in health care stocks were offset by gains in technology, consumer and industrial company stocks. The gains came a day after the Dow Jones Industrial Average closed above 27,000 points for the first...
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A woman walks past an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo Friday, July 12, 2019. Shares in Asia are mostly higher after a turbulent day on Wall Street ended with the Dow Jones Industrial Average closing above 27,000 for the first time. (AP Photo/Eugene Hoshiko)
July 12, 2019 - 3:58 am
BANGKOK (AP) — World shares were mostly higher on Friday after Wall Street ended overnight with the Dow Jones Industrial Average closing above 27,000 for the first time. Germany's DAX edged 5.68 points higher to 12,337.80 while the CAC 40 in France surged 0.6% to 5,585.27. Britain's FTSE climbed 0...
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July 11, 2019 - 7:31 am
WASHINGTON (AP) — Federal Reserve Chairman Jerome Powell, testifying for a second day before Congress, is delivering the same message: that the central bank is prepared to cut interest rates to support the economy, raising hopes that the first reduction in its key policy rate in a decade could...
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ARCHIVO - Foto de archivo, 1 de mayo de 2019, del presidente de la Reserva Federal, Jerome Powell, en conferencia de prensa en Washington. (AP Foto/Patrick Semansky, File)
July 10, 2019 - 5:31 am
WASHINGTON (AP) — The Latest on Federal Reserve Chairman Jerome Powell's presentation of the Fed's semi-annual monetary report to Congress. (all times local) 8:30 a.m. Federal Reserve Chairman Jerome Powell says "many" Fed officials believe a weakening global economy and rising trade tensions have...
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FILE - In this June 19, 2019, file photo Federal Reserve Chairman Jerome Powell concludes a news conference following a two-day Federal Open Market Committee meeting in Washington. On Wednesday, July 10, the Federal Reserve releases minutes from its June meeting when it left rates unchanged. (AP Photo/Manuel Balce Ceneta, File)
July 10, 2019 - 3:54 am
WASHINGTON (AP) — Every sentence Federal Reserve Chairman Jerome Powell speaks to Congress this week is sure to be parsed by investors who expect — and hope — the Fed will cut interest rates later this month for the first time in a decade. Powell will testify for two days starting Wednesday at a...
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Men walk past an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo Wednesday, July 10, 2019. Asian shares were mostly higher Wednesday in cautious trading ahead of closely watched congressional testimony by the U.S. Federal Reserve chairman. (AP Photo/Eugene Hoshiko)
July 10, 2019 - 2:42 am
TOKYO (AP) — Global shares were mixed Wednesday in cautious trading ahead of closely watched congressional testimony by the chairman of the U.S. Federal Reserve, Jerome Powell. France's CAC 40 inched up less than 0.1% to 5,573.88 in early trading. Germany's DAX lost less than 0.1% to 12,431.43,...
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FILE - In this May 1, 2019, file photo traders Peter Mancuso, left, and Robert Arciero work on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Tuesday, July 9. (AP Photo/Richard Drew, File)
July 09, 2019 - 7:18 am
Technology and industrial companies helped pull stocks lower on Wall Street in early trading Tuesday, extending losses from a day earlier. The broad slide marked the third straight day that the market has opened lower, pulling back after a run of record highs last week. Investors have turned...
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