Fiscal policy

The European Central Bank is seen next to the river Main in Frankfurt, Germany, late Wednesday, Oct. 2, 2019. (AP Photo/Michael Probst)
October 16, 2019 - 3:47 am
BRUSSELS (AP) — Inflation in the 19-country eurozone was revised down in September to its lowest rate in nearly three years as energy prices fell by more than initially thought, official figures showed Wednesday. In an update, statistics agency Eurostat found that consumer prices rose by an annual...
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An attendant shows an automotive product to a driver in front of a display with new fuel prices at a gas station in Quito, Ecuador, Tuesday, Oct. 15, 2019. The recent strike that paralyzed the Andean nation for almost two weeks, has left a gaping hole in Ecuador’s economy, this after President Lenin Moreno called back his elimination of fuel subsidies which provoked the violent protests. (AP Photo/Dolores Ochoa)
October 15, 2019 - 3:16 pm
QUITO, Ecuador (AP) — President Lenín Moreno survived the toughest political crisis of his presidency by negotiating an end to indigenous anti-austerity protests. Now he faces an even tougher challenge. Ten years of populist rule and a drop in oil prices have left Ecuador with a $64 billion public...
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One of the protesters shakes hands with a security officer as they celebrate the announcement that the government cancelled an austerity package that triggered violent protests, in Quito, Ecuador, Sunday, Oct. 13, 2019. Ecuadorian President Lenin Moreno and leaders of the country's indigenous peoples have struck a deal to cancel the disputed austerity package and end nearly two weeks of protests that have paralyzed the economy and left several people dead. (AP Photo/Dolores Ochoa)
October 13, 2019 - 11:19 pm
QUITO, Ecuador (AP) — Ecuador celebrated a deal President Lenín Moreno and indigenous leaders struck late Sunday to cancel a disputed austerity package and end nearly two weeks of protests that have paralyzed the economy and left seven dead. Under the agreement, Moreno will withdraw the...
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The European Central Bank is seen next to the river Main in Frankfurt, Germany, late Wednesday, Oct. 2, 2019. (AP Photo/Michael Probst)
October 10, 2019 - 5:17 am
FRANKFURT, Germany (AP) — Top European Central Bank officials were united over the need for more stimulus at their last meeting but a number of them objected to the decision to launch bond purchases involving the injection of newly printed money into the economy. The written account of the meeting...
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FILE - In this Aug. 23, 2019, file photo pedestrians pass the New York Stock Exchange in New York. The U.S. stock market opens at 9:30 a.m. EDT on Thursday, Oct. 3. (AP Photo/Frank Franklin II, File)
October 03, 2019 - 7:38 am
NEW YORK (AP) — U.S. stocks fell for a third straight day on Thursday after yet another disappointing report on the economy stoked fears of a slowdown. The services sector, which makes up the bulk of the U.S. economy, grew at a slower pace in September than economists had forecast. The weak report...
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European Central Bank President Mario Draghi addresses European Parliament members at the European Parliament in Brussels, Monday, Sept. 23, 2019. (AP Photo/Francisco Seco)
September 30, 2019 - 6:07 am
FRANKFURT, Germany (AP) — European Central Bank head Mario Draghi says that stimulus measures including negative interest rates will have to stay in place longer if governments do not step up spending to help growth. Draghi was quoted Monday by the Financial Times as saying: "Our policies will...
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The rising sun divides the West Front of the U.S. Capitol in Washington, Wednesday morning, Sept. 25, 2019, the day after Speaker of the House Nancy Pelosi, D-Calif., declared she will launch a formal impeachment inquiry against President Donald Trump. (AP Photo/J. Scott Applewhite)
September 26, 2019 - 10:51 am
WASHINGTON (AP) — The Senate passed a temporary government-wide funding bill on Thursday that staves off the risk of a government shutdown through Nov. 21. The measure would buy additional time for lawmakers to work to unclog a $1.4 trillion bundle of yearly spending bills that is hung up amid...
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FILE - In this Sept. 6, 2019, file photo passengers board a ferry that departs from Port Everglades in Fort Lauderdale, Fla. On Thursday, Sept. 26, the Commerce Department issues the third and final estimate of how the U.S. economy performed in the April-June quarter. (AP Photo/Brynn Anderson, File)
September 26, 2019 - 6:05 am
WASHINGTON (AP) — The U.S. economy grew at a modest 2% annual rate in the second quarter, a pace sharply lower than the 3%-plus growth rates seen over the past year. Many analysts believe growth will slow further in coming quarters as global weakness and rising trade tensions exert a toll. The...
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September 24, 2019 - 12:36 am
BEIJING (AP) — China's central bank governor says policy will stay "stable and healthy," suggesting Beijing has no plans to join the United States and Europe in cutting interest rates to stimulate economic growth. Yi Gang said Tuesday the People's Bank of China will avoid a "massive stimulus."...
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European Central Bank President Mario Draghi addresses European Parliament members at the European Parliament in Brussels, Monday, Sept. 23, 2019. (AP Photo/Francisco Seco)
September 23, 2019 - 9:35 am
FRANKFURT, Germany (AP) — The head of the European Central Bank says the economy in the 19-country eurozone is not showing signs of a rebound and urged governments to help by spending more on top of the central bank's latest package of stimulus measures. Mario Draghi said in remarks Monday before...
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