Central banking

A woman walks past an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo Friday, July 12, 2019. Shares in Asia are mostly higher after a turbulent day on Wall Street ended with the Dow Jones Industrial Average closing above 27,000 for the first time. (AP Photo/Eugene Hoshiko)
July 12, 2019 - 3:58 am
BANGKOK (AP) — World shares were mostly higher on Friday after Wall Street ended overnight with the Dow Jones Industrial Average closing above 27,000 for the first time. Germany's DAX edged 5.68 points higher to 12,337.80 while the CAC 40 in France surged 0.6% to 5,585.27. Britain's FTSE climbed 0...
Read More
In this June 13, 2019, photo a house on the market has a "new price" sign fixed on the realtor's sign in northeast Jackson, Miss. On Thursday, July 11, Freddie Mac reports on this week’s average U.S. mortgage rates. (AP Photo/Rogelio V. Solis)
July 11, 2019 - 2:13 pm
WASHINGTON (AP) — U.S. long-term mortgage rates were mostly unchanged this week amid signals from the Federal Reserve that it is preparing to cut interest rates soon. Mortgage buyer Freddie Mac said Thursday that the average rate on the benchmark 30-year mortgage stood at 3.75%, the same as the...
Read More
July 11, 2019 - 7:31 am
WASHINGTON (AP) — Federal Reserve Chairman Jerome Powell, testifying for a second day before Congress, is delivering the same message: that the central bank is prepared to cut interest rates to support the economy, raising hopes that the first reduction in its key policy rate in a decade could...
Read More
FILE - In this June 18, 2019, file photo specialist Dilip Patel works at his post on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Wednesday, July 10. (AP Photo/Richard Drew, File)
July 10, 2019 - 7:34 am
U.S. stocks marched broadly higher in early trading Wednesday, sending the S&P 500 index into record territory, after the head of the Federal Reserve signaled that the central bank is ready to cut interest rates for the first time in a decade. In his semi-annual monetary report to Congress, Fed...
Read More
ARCHIVO - Foto de archivo, 1 de mayo de 2019, del presidente de la Reserva Federal, Jerome Powell, en conferencia de prensa en Washington. (AP Foto/Patrick Semansky, File)
July 10, 2019 - 5:31 am
WASHINGTON (AP) — The Latest on Federal Reserve Chairman Jerome Powell's presentation of the Fed's semi-annual monetary report to Congress. (all times local) 8:30 a.m. Federal Reserve Chairman Jerome Powell says "many" Fed officials believe a weakening global economy and rising trade tensions have...
Read More
FILE - In this June 19, 2019, file photo Federal Reserve Chairman Jerome Powell concludes a news conference following a two-day Federal Open Market Committee meeting in Washington. On Wednesday, July 10, the Federal Reserve releases minutes from its June meeting when it left rates unchanged. (AP Photo/Manuel Balce Ceneta, File)
July 10, 2019 - 3:54 am
WASHINGTON (AP) — Every sentence Federal Reserve Chairman Jerome Powell speaks to Congress this week is sure to be parsed by investors who expect — and hope — the Fed will cut interest rates later this month for the first time in a decade. Powell will testify for two days starting Wednesday at a...
Read More
Men walk past an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo Wednesday, July 10, 2019. Asian shares were mostly higher Wednesday in cautious trading ahead of closely watched congressional testimony by the U.S. Federal Reserve chairman. (AP Photo/Eugene Hoshiko)
July 10, 2019 - 2:42 am
TOKYO (AP) — Global shares were mixed Wednesday in cautious trading ahead of closely watched congressional testimony by the chairman of the U.S. Federal Reserve, Jerome Powell. France's CAC 40 inched up less than 0.1% to 5,573.88 in early trading. Germany's DAX lost less than 0.1% to 12,431.43,...
Read More
FILE - In this May 1, 2019, file photo traders Peter Mancuso, left, and Robert Arciero work on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Tuesday, July 9. (AP Photo/Richard Drew, File)
July 09, 2019 - 7:18 am
Technology and industrial companies helped pull stocks lower on Wall Street in early trading Tuesday, extending losses from a day earlier. The broad slide marked the third straight day that the market has opened lower, pulling back after a run of record highs last week. Investors have turned...
Read More
An investor walks in front of stock trading boards at a private market gallery in Kuala Lumpur, Malaysia, Tuesday, July 9, 2019. Asian shares mostly fell Tuesday in quiet trading as investors waited for signs on what might be ahead for U.S. interest rates. (AP Photo/Vincent Thian)
July 08, 2019 - 11:53 pm
TOKYO (AP) — Asian shares were mostly lower Tuesday in quiet trading as investors awaited signs of what might be ahead for U.S. interest rates. Japan's benchmark Nikkei 225 inched up 0.1% to finish at 21,565.15, while Australia's S&P/ASX 200 dipped 0.1% to 6,665.70. South Korea's Kospi lost 0.6...
Read More
Trader Peter Tuchman works on the floor of the New York Stock Exchange, Monday, July 8, 2019. Stocks fell on Wall Street in morning trading Monday amid growing speculation among investors that unexpectedly strong U.S. employment data may keep the Federal Reserve from aggressively cutting interest rates. (AP Photo/Richard Drew)
July 08, 2019 - 2:02 pm
Technology and health care companies drove U.S. stocks to a lower finish Monday as the market fell for a second straight day following a run of record highs. The selling came amid growing speculation on Wall Street that an unexpectedly strong pickup in U.S. employment growth last month may keep the...
Read More

Pages