Central bank interest rates

July 05, 2019 - 8:05 am
WASHINGTON (AP) — The Federal Reserve repeats its pledge to "act as appropriate" to sustain the current economic expansion, now the longest in U.S. history, while noting that most Fed officials have lowered their expectations for the future course of interest rates. The Fed's statement on interest...
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FILE - In this July 1, 2019, file photo trader Joseph Lawler works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Friday, July 5. (AP Photo/Richard Drew, File)
July 05, 2019 - 7:17 am
Stocks fell broadly and bond yields rose on Wall Street in early trading Friday after the government reported a strong pickup in hiring last month, complicating the Federal Reserve's decision later this month on whether to lower interest rates. The Labor Department said that employers added a...
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In this June 18, 2019, photo, a woman walks by an electronic stock board of a securities firm in Tokyo. Asian stocks fell Friday as investors waited for American employment data and details of U.S.-Chinese trade talks. (AP Photo/Koji Sasahara)
July 04, 2019 - 11:33 pm
BEIJING (AP) — Asian stocks advanced Friday as investors waited for American employment data and details of U.S.-Chinese trade talks. Benchmarks in Shanghai, Tokyo and Hong Kong rose while South Korea's was unchanged. Investors looked ahead to monthly U.S. jobs data due out Friday, which are...
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July 04, 2019 - 9:05 pm
WASHINGTON (AP) — The June jobs report being released Friday will likely help determine whether the U.S. economy has stabilized or is gradually weakening. The evidence is conflicting. Consumer spending has solidified. Home sales are rebounding. But America's manufacturing sector is slowing along...
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FILE - In this July 1, 2019, file photo specialist Erica Fredricks and trader Robert Charmak work on on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Tuesday, July 2. (AP Photo/Richard Drew, File)
July 02, 2019 - 2:00 pm
Stocks shook off an early wobble to eke out small gains Tuesday, nudging the S&P 500 index to an all-time high for the second straight day. Communications services, technology and consumer goods companies helped push the market higher. Those gains outweighed losses in energy and financial...
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FILE - In this May 6, 2019, file photo, a woman looks at display boards at the Australian Stock Exchange in Sydney, Australia. Australia's central bank has cut its benchmark interest rate by a quarter of a percentage point to a new record low of 1% in a bid to boost the economy. (AP Photo/Rick Rycroft, File)
July 01, 2019 - 10:01 pm
CANBERRA, Australia (AP) — Australia's central bank cut its benchmark interest rate by a quarter of a percentage point on Tuesday to a new record low of 1% in a bid to boost the economy. The cut is the second in consecutive months. Previously the Reserve Bank of Australia had not shifted the rate...
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FILE - In this May 1, 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, June 25, Powell is scheduled to speak on the economy outlook and monetary policy review at the Council on Foreign Relations in New York. (AP Photo/Patrick Semansky, File)
June 25, 2019 - 10:16 am
WASHINGTON (AP) — Federal Reserve Chairman Jerome Powell said Tuesday the economic outlook has become cloudier since early May, with rising uncertainties over trade and global growth causing the central bank to reassess its next move on interest rates. Speaking to the Council on Foreign Relations...
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FILE - In this June 19, 2019, file photo trader Robert Chamak works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Tuesday, June 25. (AP Photo/Richard Drew, File)
June 25, 2019 - 7:29 am
NEW YORK (AP) — U.S. stocks moved lower in early trading on Wall Street Tuesday as investors headed for more defensive holdings and watched for updates on trade negotiations between the U.S. and China. Investors are also waiting for a speech by Fed Chairman Jerome Powell later Tuesday for any...
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President Donald Trump listens to a question during a meeting with Canadian Prime Minister Justin Trudeau in the Oval Office of the White House, Thursday, June 20, 2019, in Washington. (AP Photo/Evan Vucci)
June 24, 2019 - 6:31 am
WASHINGTON (AP) — President Donald Trump is continuing efforts to pressure the U.S. central bank system, saying the stock markets and economic growth would be much higher if not for its actions. Trump says the Federal Reserve "doesn't know what it's doing" and raised interest rates too quickly. The...
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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, June 21, 2019. Shares retreated in Asia on Friday after a broad rally for stocks drove the S&P 500 index to an all-time high as weak manufacturing data from Japan helped dampen investor sentiment. (AP Photo/Ahn Young-joon)
June 21, 2019 - 12:41 am
BANGKOK (AP) — Shares retreated in Asia on Friday after a broad rally for stocks drove the S&P 500 index to an all-time high, as weak manufacturing data from Japan helped dampen investor sentiment. Japan's Nikkei 225 index lost 1.0% to 21,258.64 and the Hang Seng in Hong Kong dropped 0.5% to 28...
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