Central bank interest rates

FILE - In this Sept. 18, 2019, file photo Federal Reserve Board Chair Jerome Powell speaks at a news conference following a two-day meeting of the Federal Open Market Committee in Washington. On Tuesday, Oct. 8, Powell is scheduled to speak about the Fed’s interest rate policy in Denver at the annual meeting of the National Association for Business Economics. (AP Photo/Patrick Semansky, File)
October 08, 2019 - 12:03 pm
WASHINGTON (AP) — Federal Reserve Chairman Jerome Powell said Tuesday that U.S. job growth since early last year was not as robust as thought, a hint that the Fed may be ready to keep cutting interest rates to support the economy. Downward revisions to the government's hiring data, announced in...
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Federal Reserve Chairman Jerome Powell speaks Monday, Oct. 7, 2019, in Salt Lake City, before the premiere of a film commemorating Marriner Eccles, who led the Fed from 1934 until 1948. Powell is stressing the importance of an independent central bank "absolutely free" from politics. Powell's comments Monday in Salt Lake City came after President Donald Trump has repeatedly pressured Powell to lower interest rates and said the United States is missing out on economic opportunities because of "boneheads" at the Federal Reserve. (AP Photo/Rick Bowmer)
October 07, 2019 - 1:34 pm
SALT LAKE CITY (AP) — Federal Reserve Chairman Jerome Powell on Monday stressed the importance of an independent central bank "absolutely free" from politics in the wake of increasing pressure from President Donald Trump urging the central bank to lower interest rates. Powell spoke to a crowd of...
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October 06, 2019 - 9:06 pm
WASHINGTON (AP) — The nation's business economists think President Donald Trump's trade war with China will contribute to a sharp slowdown in economic growth this year and next, raising concerns about a possible recession starting late next year. The latest survey by a panel of 51 forecasters with...
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Currency traders watch monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Friday, Oct. 4, 2019. Asian stocks were mixed Friday after Wall Street rebounded on investor hopes for a U.S. interest rate cut. (AP Photo/Ahn Young-joon)
October 04, 2019 - 4:39 am
BEIJING (AP) — World shares were mixed Friday as investors turn their attention to the monthly U.S. jobs report after a series of gloomy economic news dampened investors’ outlook this week. London and Frankfurt opened higher and Tokyo rose, while Hong Kong declined. Chinese markets were closed for...
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A man walks past an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo Thursday, Oct. 3, 2019. Asian stocks fell for a fourth day Thursday as weaker U.S. manufacturing and hiring data fueled jitters about the global economy. (AP Photo/Eugene Hoshiko)
October 02, 2019 - 10:37 pm
BEIJING (AP) — Asian stocks fell for a fourth day Thursday as weaker U.S. manufacturing and hiring data fueled jitters about the global economy. Tokyo’s Nikkei 225 fell by an unusually wide margin of 2% and market benchmarks in Hong Kong, Sydney and Southeast Asia also retreated. Chinese and Korean...
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FILE - This Aug. 23, 2019, file photo shows the New York Stock Exchange in New York. The U.S. stock market opens at 9:30 a.m. EDT on Wednesday, Oct. 2. (AP Photo/Frank Franklin II, File)
October 02, 2019 - 11:06 am
NEW YORK (AP) — Stocks tumbled again on Wednesday as worries about a weakening global economy boomeranged around the world. The S&P 500 lost as much as 2.2% in afternoon trading and was on track for its first back-to-back loss of at least 1% since late last year, when fears about a possible...
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European Central Bank President Mario Draghi addresses European Parliament members at the European Parliament in Brussels, Monday, Sept. 23, 2019. (AP Photo/Francisco Seco)
September 30, 2019 - 6:07 am
FRANKFURT, Germany (AP) — European Central Bank head Mario Draghi says that stimulus measures including negative interest rates will have to stay in place longer if governments do not step up spending to help growth. Draghi was quoted Monday by the Financial Times as saying: "Our policies will...
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September 24, 2019 - 12:36 am
BEIJING (AP) — China's central bank governor says policy will stay "stable and healthy," suggesting Beijing has no plans to join the United States and Europe in cutting interest rates to stimulate economic growth. Yi Gang said Tuesday the People's Bank of China will avoid a "massive stimulus."...
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This Thursday, Oct. 16, 2014 file photo shows President and CEO of the Federal Reserve Bank of Boston Eric Rosengren in Chelsea, Mass. Rosengren,s who opposed the September 2019 quarter-point rate cut, says that the additional stimulus was not needed. (AP Photo/Michael Dwyer)
September 20, 2019 - 9:36 am
WASHINGTON (AP) — Two Federal Reserve officials who dissented from this week's quarter-point rate cut on Friday highlighted the current deep divisions at the central bank. Eric Rosengren, head of the Fed's Boston regional bank and one of two officials who opposed the rate cut, said Friday that the...
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FILE - In this Sept. 16, 2019, file photo Gordon Charlop, center, and Christian Bader work at the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Friday, Sept. 20. (AP Photo/Mark Lennihan, File)
September 20, 2019 - 7:52 am
NEW YORK (AP) — U.S. stocks edged higher in early trading on Friday as most sectors of the market posted small gains. The S&P 500 rose 0.3% to 3,014 and is within 12 points of all-time high. The index is headed for a fourth straight weekly gain, even after some volatility during the week caused...
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