Central banking

FILE - In this Feb. 7, 2019 file photo White House National Economic Council Director Larry Kudlow speaks to reporters at the White House in Washington. On Friday, March 29, 2019, Kudlow called on the Federal Reserve to cut its key interest rate by a half-percentage point. Kudlow said that the Fed should do more to help the economy by cutting rates. It signaled last week that it expected to keep rates unchanged for this entire year after raising its benchmark rate four times in 2018 to the current level of 2.25 percent to 2.5 percent. (AP Photo/Susan Walsh, file)
April 03, 2019 - 11:11 am
WASHINGTON (AP) — President Donald Trump is "fully behind" Stephen Moore, his choice to help lead the Federal Reserve, despite unflattering details that have come to light about Moore's personal life, a top White House official said Wednesday while also complaining about Washington's "toxic"...
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FILE - In this Feb. 7, 2019 file photo White House National Economic Council Director Larry Kudlow speaks to reporters at the White House in Washington. On Friday, March 29, 2019, Kudlow called on the Federal Reserve to cut its key interest rate by a half-percentage point. Kudlow said that the Fed should do more to help the economy by cutting rates. It signaled last week that it expected to keep rates unchanged for this entire year after raising its benchmark rate four times in 2018 to the current level of 2.25 percent to 2.5 percent. (AP Photo/Susan Walsh, file)
March 29, 2019 - 3:08 pm
WASHINGTON (AP) — A top Trump administration official on Friday called on the Federal Reserve to cut its key interest rate by a half-percentage point. Larry Kudlow, head of the president's National Economic Council, said in an interview with CNBC that the Fed should do more to help the economy by...
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FILE- In this March 7, 2019, file photo specialist Anthony Rinaldi, left, and trader Michael Urkonis work on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Friday, March 29. (AP Photo/Richard Drew, File)
March 29, 2019 - 2:01 pm
Stocks finished broadly higher on Friday as Wall Street closed out the first quarter with the market's biggest gain in nearly a decade. The benchmark S&P 500 index is now up 13.1 percent this year, a drastic turnaround for stocks after a jarring 14 percent sell-off in the last three months of...
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FILE - In this Thursday, Dec. 1, 2016 file photo, Gambia's President Yahya Jammeh shows his inked finger before voting in Banjul, Gambia. Gambia's ex-President Yahya Jammeh looted the tiny West African nation of $1 billion through fear and privilege during his 22 years in power, an amount more than 10 times higher than originally estimated by the new government, leaving the country in lingering debt, according to a report on Wednesday March 27, 2019, by the investigative group Organized Crime and Corruption Reporting Project. (AP Photo/Jerome Delay, File)
March 28, 2019 - 6:37 am
BANJUL, Gambia (AP) — Gambia's ex-President Yahya Jammeh looted the tiny West African nation of $1 billion through fear and privilege during his 22 years in power, an amount more than 10 times higher than originally estimated by the new government, leaving the country in lingering debt, according...
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European Central Bank President Mario Draghi arrives for an EU summit in Brussels, Friday, March 22, 2019. European Union leaders gathered again Friday after deciding that the political crisis in Britain over Brexit poses too great a threat and that action is needed to protect the smooth running of the world's biggest trading bloc. (Julien Warnand, Pool Photo via AP)
March 27, 2019 - 4:09 am
FRANKFURT, Germany (AP) — The European Central Bank is ready to take further action to help the economy if the outlook takes a sudden turn for the worse, bank President Mario Draghi said Wednesday. Draghi told a conference that the bank would take "all the monetary policy actions that are necessary...
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March 26, 2019 - 5:27 am
In a story March 22 about the financial markets, The Associated Press misspelled the name of asset management company Schroders. A corrected version of the story is below: Stocks, bond yields fall sharply as growth worries spread New signs the global economic growth is slowing roiled Wall Street...
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President Donald Trump talks with reporters before boarding Marine One on the South Lawn of the White House, Friday, March 22, 2019, in Washington. (AP Photo/Evan Vucci)
March 22, 2019 - 11:02 am
WASHINGTON (AP) — President Donald Trump said Friday that he will nominate Stephen Moore, a conservative economic analyst, to fill a vacancy on the Federal Reserve's seven-member board. Moore, a well-known and often polarizing figure in Washington political circles, served as an economic adviser to...
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A view of the White House, Thursday, March 21, 2019, in Washington. (AP Photo/Evan Vucci)
March 21, 2019 - 3:42 pm
WASHINGTON (AP) — President Donald Trump says the economy would have grown much faster last year if the Federal Reserve had not been tightening credit last year. In a broadcast interview, Trump said without the Fed's rate hikes last year and moves to trim its bond holdings, the economy, as measured...
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FILE - In this Sept. 17, 2018 file photo, Prime Minister Jean-Henry Ceant, left, and Haiti's President Jovenel Moise, attend the minister's ratification's ceremony at the national palace in Port-au-Prince, Haiti. An American security contractor at the center of a mysterious case roiling Haitian politics says that he and a group of fellow veterans were sent to Haiti on a mission to protect a businessman signing a more than $50 million contract at the country’s central bank. (AP Photo/Dieu Nalio Chery, File)
March 21, 2019 - 10:42 am
PORT-AU-PRINCE, Haiti (AP) — An American security contractor at the center of a mysterious case roiling Haitian politics says that he and a group of fellow veterans were sent to Haiti on a mission to protect a businessman signing a more than $50 million contract at the country's central bank. Chris...
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FILE- In this March 12, 2019, file photo a handheld device of trader Sal Suarino is reflected in his glasses as he works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Thursday, March 21. (AP Photo/Richard Drew, File)
March 21, 2019 - 7:25 am
NEW YORK (AP) — U.S. stocks moved broadly higher in early trading on Wall Street Thursday as technology stocks offset declines in the banking sector. Apple rose 2.8 percent as it continues to announce new products. Olive Garden owner Darden Restaurants soared 6.4 percent after reporting earnings...
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