Central banking

A currency trader walks by the screens showing the foreign exchange rates at the foreign exchange dealing room in Seoul, South Korea, Monday, July 8, 2019. Asian stocks tumbled Monday after relatively strong U.S. employment data tempered hopes the Federal Reserve might cut interest rates. (AP Photo/Lee Jin-man)
July 07, 2019 - 10:23 pm
BEIJING (AP) — Asian stocks tumbled Monday after unexpectedly strong U.S. employment data tempered hopes the Federal Reserve might cut interest rates. Benchmarks in Shanghai, Tokyo, South Korea and Hong Kong all declined. Fed leaders have said they are ready to cut rates to support economic growth...
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A currency trader walks by the screens showing the foreign exchange rates at the foreign exchange dealing room in Seoul, South Korea, Monday, July 8, 2019. Asian stocks tumbled Monday after relatively strong U.S. employment data tempered hopes the Federal Reserve might cut interest rates. (AP Photo/Lee Jin-man)
July 07, 2019 - 8:38 pm
BEIJING (AP) — Asian stocks tumbled Monday after relatively strong U.S. employment data tempered hopes the Federal Reserve might cut interest rates. Benchmarks in Shanghai, Tokyo, Seoul and Hong Kong all declined. Fed leaders have said they are ready to cut rates to support economic growth amid a...
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July 06, 2019 - 2:18 am
ISTANBUL (AP) — Turkey's president has fired the central bank governor amid the country's economic downturn. Murat Cetinkaya was replaced by Murat Uysal, the deputy governor, in a presidential decree published Saturday. President Recep Tayyip Erdogan has the authority to make such appointments,...
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FILE - This Feb. 5, 2018, file photo shows the seal of the Board of Governors of the United States Federal Reserve System in the ground at the Marriner S. Eccles Federal Reserve Board Building in Washington. Economist Judy Shelton, tapped by President Donald Trump for a seat on the Federal Reserve board, says she does not favor credit tightening by the Federal Reserve that would harm investors. In a CNBC interview on Friday, July 5, 2019, Shelton sought to align her past criticism of the Fed’s record low interest rates during the Obama administration with the current attacks by Trump on Fed rate hikes.(AP Photo/Andrew Harnik, File)
July 05, 2019 - 1:16 pm
WASHINGTON (AP) — Economist Judy Shelton, tapped by President Donald Trump for a seat on the Federal Reserve board, said on Friday she does not favor credit tightening by the Federal Reserve that would harm investors. In a CNBC interview, Shelton sought to align her past criticism of the Fed's...
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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 02, 2019 - 3:42 pm
WASHINGTON (AP) — President Donald Trump says on Twitter he will nominate economists Christopher Waller and Judy Shelton to fill two vacancies on the Federal Reserve Board of Governors. Waller is currently the executive vice president and director of research at the Federal Reserve Bank of St...
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FILE-In this May 16, 2019 file photo German Defense Minister Ursula von der Leyen attends a debate on '70 Years German Constitution' of the German federal parliament, Bundestag, at the Reichstag building in Berlin. EU leaders reconvened Tuesday July 2, 2019, for a formal summit to consider a list of top job candidates that may have Ursula von der Leyen becoming president of the executive European Commission. (AP Photo/Michael Sohn, file)
July 02, 2019 - 3:12 pm
BRUSSELS (AP) — For the first time, European Union leaders nominated women for half of the top positions they filled Tuesday to lead the world's biggest trade bloc. And the women were picked for what are arguably the two most important jobs of the four posts: heading the EU's executive Commission...
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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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