Monetary policy

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...
Read More
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...
Read More
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...
Read More
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...
Read More
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...
Read More
July 03, 2019 - 8:44 am
WASHINGTON (AP) — President Donald Trump is accusing China and Europe of playing a "big currency manipulation game." He says the United States should match that effort, a move that directly contradicts official U.S. policy not to manipulate the dollar's value to gain trade advantages. In a tweet,...
Read More
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...
Read More
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...
Read More
June 30, 2019 - 4:00 am
FRANKFURT, Germany (AP) — An international forum for central bankers is warning that the global economic recovery will need more than just support from the likes of the U.S. Federal Reserve to get past its current shaky stretch. The admonition from the Bank for International Settlements comes as...
Read More
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...
Read More

Pages