Central bank interest rates

August 19, 2019 - 9:24 am
WASHINGTON (AP) — President Donald Trump is calling on the Federal Reserve to cut interest rates by at least a full percentage point "over a fairly short period of time," saying such a move would make the U.S. economy even better and would also "greatly and quickly" enhance the global economy. In...
Read More
A currency trader watches monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Monday, Aug. 19, 2019. Asian shares were higher Monday, as investors continue to rejigger their read on President Donald Trump's trade war and growing worries about slowing economies around the world.(AP Photo/Ahn Young-joon)
August 18, 2019 - 6:45 pm
TOKYO (AP) — Asian shares were higher Monday, as investors continue to rejigger their read on President Donald Trump's trade war and growing worries about slowing economies around the world. Japan's benchmark Nikkei 225 rose 0.6% in early trading to 20,532.95. Australia's S&P/ASX 200 gained 0.8...
Read More
President Donald Trump reacts at the end of his speech at a campaign rally, Thursday, Aug. 15, 2019, in Manchester, N.H. (AP Photo/Patrick Semansky)
August 16, 2019 - 3:20 pm
WASHINGTON (AP) — President Donald Trump is warning of an economic crash if he loses reelection, arguing that even voters who personally dislike him should base their ballots on the nation's strong growth and low unemployment rate. But privately, Trump is growing increasingly worried the economy...
Read More
FILE - In this July 22, 2019 photo, a for sale sign is posted in front of a home in Miami. On Thursday, Aug. 8, Freddie Mac reports on this week’s average U.S. mortgage rates. (AP Photo/Lynne Sladky, File)
August 08, 2019 - 10:04 am
WASHINGTON (AP) — U.S. long-term mortgage rates fell sharply this week, with the benchmark 30-year loan touching its lowest level since November 2016. Financial markets around the globe have been whipsawed by anxiety over the U.S.-China trade war, sending investors fleeing from stocks to the safety...
Read More
FILE - In this Aug. 2, 2019 file photo, President Donald Trump speaks to reporters before departing the White House in Washington. Trump is not letting up on his attacks on the Federal Reserve, calling for “substantial” Fed rate cuts to allow the dollar to fall in value against foreign currencies. In a series of tweets Thursday, Aug. 8, Trump says, “As your president, one would think that I would be thrilled with our very strong dollar. I am not!” (AP Photo/Carolyn Kaster, File)
August 08, 2019 - 9:59 am
WASHINGTON (AP) — President Donald Trump is not letting up on his attacks on the Federal Reserve, calling for "substantial" Fed rate cuts to allow the dollar to fall in value against foreign currencies. In a series of tweets Thursday, Trump said, "As your president, one would think that I would be...
Read More
FILE - In this Aug. 6, 2019, file photo trader Jonathan Mueller works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Wednesday, Aug. 7. (AP Photo/Richard Drew, File)
August 07, 2019 - 8:24 am
NEW YORK (AP) — U.S. stocks fell broadly in midday trading Wednesday as central banks around the world cut interest rates and increased fears that global growth is being crimped by the U.S.-China trade war. Every major U.S. index fell and put stocks back on a course for losses after briefly...
Read More
August 07, 2019 - 12:00 am
NEW DELHI (AP) — India's central bank has cut its key interest rate for the fourth consecutive time, reducing the repo rate by 0.35% to 5.40% to shore up the economy, with consumer spending and corporate investment faltering and the production of capital goods and consumer durables decelerating. In...
Read More
August 06, 2019 - 7:50 pm
WELLINGTON, New Zealand (AP) — New Zealand's central bank has cut its benchmark interest rate to an all-time low of 1% as it forecasts tougher economic conditions ahead. The cut of half a percentage point by the Reserve Bank was a surprise with most economists forecasting a rate cut of 0.25%. The...
Read More
In this July 31, 2019, photo, Federal Reserve Chairman Jerome Powell speaks during a news conference following a two-day Federal Open Market Committee meeting in Washington. In a strong rebuke to President Donald Trump, the four living former leaders of the Federal Reserve say that the head of the nation's central bank should be able to make interest-rate decisions free of political pressure and the threat of being removed or demoted. Current Fed Chairman Powell has come under heavy attacks from Trump, who has repeatedly attacked Powell's decisions and has reportedly explored the possibility of either firing Powell or demoting him as Fed chairman. (AP Photo/Manuel Balce Ceneta)
August 06, 2019 - 4:15 pm
WASHINGTON (AP) — In a strong rebuke to President Donald Trump, the four living former leaders of the Federal Reserve say that the head of the nation's central bank should be able to make interest-rate decisions free of political pressure and the threat of being removed or demoted. The former...
Read More
Chinese investors monitor stock prices at a brokerage house in Beijing, Friday, Aug. 2, 2019. Asian stock markets plunged Friday after President Donald Trump's surprise threat of tariff hikes on additional Chinese imports. (AP Photo/Mark Schiefelbein)
August 01, 2019 - 10:53 pm
BEIJING (AP) — Asian stock markets plunged Friday after President Donald Trump's surprise threat of tariff hikes on additional Chinese imports. Tokyo's main market index fell 2.5% and Hong Kong's benchmark lost 2.3%. Markets in Shanghai, Sydney and Seoul also declined. Trump's announcement of 10%...
Read More

Pages