Central bank interest rates

Federal Reserve Chairman Jerome Powell speaks during a news conference following a two-day Federal Open Market Committee meeting in Washington, Wednesday, July 31, 2019. (AP Photo/Manuel Balce Ceneta)
July 31, 2019 - 2:36 pm
WASHINGTON (AP) — The Federal Reserve cut its key interest rate Wednesday for the first time in a decade to try to counter the impact of President Donald Trump's trade wars, stubbornly low inflation and global weakness. Yet Wall Street seemed disappointed that Chairman Jerome Powell signaled that...
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FILE - In this July 10, 2019, file photo Federal Reserve Chairman Jerome Powell testifies before the House Financial Services Committee on Capitol Hill in Washington. Powell has signaled that rising economic pressures, notably from President Donald Trump’s trade wars and from a global slowdown, have become cause for concern. (AP Photo/Susan Walsh, File)
July 31, 2019 - 12:17 pm
NEW YORK (AP) — The Latest on the Federal Reserve and its action related to a key interest rate (all times local): 3:15 p.m. Federal Reserve Chairman Jerome Powell was unable to say how many times the U.S. central bank might cut rates, though he said it would not be a long series of rate cuts...
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Federal Reserve Chairman Jerome Powell speaks during a news conference following a two-day Federal Open Market Committee meeting in Washington, Wednesday, July 31, 2019. (AP Photo/Manuel Balce Ceneta)
July 31, 2019 - 12:11 pm
WASHINGTON (AP) — The Federal Reserve cut its key interest rate Wednesday for the first time in a decade to try to counter threats ranging from uncertainties caused by President Donald Trump's trade wars to chronically low inflation and a dim global outlook. The Fed also repeated a pledge to "act...
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July 31, 2019 - 2:47 am
FRANKFURT, Germany (AP) — Official figures show inflation and growth have sagged in the eurozone, adding to the case for the European Central Bank to add another blast of monetary stimulus at its September meeting. The European Union statistics agency said Wednesday that growth halved in the second...
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A woman walks by an electronic stock board of a securities firm in Tokyo, Tuesday, July 30, 2019. Shares were mostly higher in Asia on Tuesday as envoys from the U.S. and China prepared to resume trade talks, this time in Shanghai. (AP Photo/Koji Sasahara)
July 29, 2019 - 11:15 pm
BANGKOK (AP) — Shares were mostly higher in Asia on Tuesday as envoys from the U.S. and China prepared to resume trade talks, this time in Shanghai. Japan's Nikkei 225 index climbed 0.4% to 21,709.31 after the Bank of Japan opted to keep its policy intact and leave its benchmark interest rate at...
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FILE - In this Friday, July 19 2019, file photo specialist Mark Otto, left, and trader Fred DeMarco work on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Friday, July 26. (AP Photo/Richard Drew, File)
July 28, 2019 - 7:49 pm
TOKYO (AP) — Asian shares were mostly lower Monday as investors watched for developments in the trade conflict between the U.S. and China, with talks set to continue this week. Japan's benchmark Nikkei 225 edged down 0.3% in early trading to 21,584.96. Australia's S&P/ASX 200 gained 0.2% to 6,...
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Sen. Elizabeth Warren, D-Mass., speaks about a bill to cancel student loan debt, Tuesday, July 23, 2019, on Capitol Hill in Washington. (AP Photo/Jacquelyn Martin)
July 26, 2019 - 11:30 am
WASHINGTON (AP) — Elizabeth Warren became a household name thanks to her prescient warning of what became a global financial crisis. Now she's staking her credentials on another forecast of fiscal trauma ahead. But even economists who like her prescription are skeptical about her diagnosis. The...
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In this Tuesday, Dec. 11, 2018 photo the European Central Bank (ECB) sits next to the river Main in Frankfurt, Germany. The European Central Bank could take action including a possible rate cut at its policy meeting on Thursday, as central banks around the globe get ready to rev up stimulus in order to support the long-running recovery from the Great Recession. (AP Photo/Michael Probst)
July 25, 2019 - 5:15 am
FRANKFURT, Germany (AP) — The European Central Bank joined the U.S Federal Reserve in saying that more stimulus could be coming soon to support an economy weakening in the face of global tensions over trade. The ECB said Thursday after a policy meeting that it could cut interest rates as its next...
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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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