Central bank interest rates

FILE - In this July 22, 2019 photo, a for sale sign is posted in front of a home in Miami. On Thursday, Aug. 8, Freddie Mac reports on this week’s average U.S. mortgage rates. (AP Photo/Lynne Sladky, File)
August 08, 2019 - 1:04 pm
WASHINGTON (AP) — U.S. long-term mortgage rates fell sharply this week, with the benchmark 30-year loan touching its lowest level since November 2016. Financial markets around the globe have been whipsawed by anxiety over the U.S.-China trade war, sending investors fleeing from stocks to the safety...
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FILE - In this Aug. 2, 2019 file photo, President Donald Trump speaks to reporters before departing the White House in Washington. Trump is not letting up on his attacks on the Federal Reserve, calling for “substantial” Fed rate cuts to allow the dollar to fall in value against foreign currencies. In a series of tweets Thursday, Aug. 8, Trump says, “As your president, one would think that I would be thrilled with our very strong dollar. I am not!” (AP Photo/Carolyn Kaster, File)
August 08, 2019 - 12:59 pm
WASHINGTON (AP) — President Donald Trump is not letting up on his attacks on the Federal Reserve, calling for "substantial" Fed rate cuts to allow the dollar to fall in value against foreign currencies. In a series of tweets Thursday, Trump said, "As your president, one would think that I would be...
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Reserve Bank of India (RBI) Governor Shaktikanta Das speaks during a press conference in Mumbai, India, Wednesday, Aug. 7, 2019. India's central bank on Wednesday cut its key interest rate for the fourth consecutive time, reducing the repo rate by 0.35% to 5.40% to shore up the economy, with consumer spending and corporate investment faltering and the production of capital goods and consumer durables decelerating. (AP Photo/Rajanish Kakade)
August 07, 2019 - 5:16 am
NEW DELHI (AP) — India's central bank on Wednesday cut its key interest rate for the fourth consecutive time, reducing the repo rate by 0.35% to 5.40% to shore up the economy, with consumer spending and corporate investment faltering and the production of capital goods and consumer durables...
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August 06, 2019 - 10:50 pm
WELLINGTON, New Zealand (AP) — New Zealand's central bank has cut its benchmark interest rate to an all-time low of 1% as it forecasts tougher economic conditions ahead. The cut of half a percentage point by the Reserve Bank was a surprise with most economists forecasting a rate cut of 0.25%. The...
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In this July 31, 2019, photo, Federal Reserve Chairman Jerome Powell speaks during a news conference following a two-day Federal Open Market Committee meeting in Washington. In a strong rebuke to President Donald Trump, the four living former leaders of the Federal Reserve say that the head of the nation's central bank should be able to make interest-rate decisions free of political pressure and the threat of being removed or demoted. Current Fed Chairman Powell has come under heavy attacks from Trump, who has repeatedly attacked Powell's decisions and has reportedly explored the possibility of either firing Powell or demoting him as Fed chairman. (AP Photo/Manuel Balce Ceneta)
August 06, 2019 - 7:15 pm
WASHINGTON (AP) — In a strong rebuke to President Donald Trump, the four living former leaders of the Federal Reserve say that the head of the nation's central bank should be able to make interest-rate decisions free of political pressure and the threat of being removed or demoted. The former...
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Chinese Vice Premier Liu He, center, poses with U.S. Trade Representative Robert Lighthizer, right, and Treasury Secretary Steven Mnuchin, for photos before holding talks at the Xijiao Conference Center in Shanghai Wednesday, July 31, 2019. (AP Photo/Ng Han Guan, Pool)
August 02, 2019 - 1:14 am
WASHINGTON (AP) — President Donald Trump intensified pressure on China to reach a trade deal by saying he will impose 10% tariffs Sept. 1 on the remaining $300 billion in Chinese imports he hasn't already taxed. The move immediately sent stock prices sinking. U.S. consumers will likely feel the...
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President Donald Trump talks to reporters before departing for a campaign rally in Cincinnati, on the South Lawn of the White House, Thursday, Aug. 1, 2019, in Washington. Trump’s tweets struck as quickly as a scythe on Thursday and cut the legs out from not just a budding stock rally but several different markets. (AP Photo/Evan Vucci)
August 01, 2019 - 5:45 pm
NEW YORK (AP) — President Donald Trump's tweets struck as quickly as a scythe on Thursday and cut the legs out from not just a budding stock rally but several different markets. Within seconds of the president saying on Twitter that he plans more tariffs on Chinese goods, prices for stocks, gold...
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FILE - In this July 22, 2019, file photo traders James Riley, left, and Mark Muller work on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Thursday, Aug. 1. (AP Photo/Richard Drew, File)
August 01, 2019 - 2:40 pm
Stocks dropped sharply Thursday and bond prices spiked after President Donald Trump announced the U.S. will slap a new 10% tariff on some $300 billion worth of goods from China beginning next month. The news erased a broad rally on Wall Street, sending the Dow Jones Industrial Average from a gain...
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Federal Reserve Chairman Jerome Powell speaks during a news conference following a two-day Federal Open Market Committee meeting in Washington, Wednesday, July 31, 2019. (AP Photo/Manuel Balce Ceneta)
August 01, 2019 - 12:56 am
WASHINGTON (AP) — The Federal Reserve cut its key interest rate Wednesday for the first time in a decade to try to counter the impact of President Donald Trump's trade wars, stubbornly low inflation and global weakness. It left open the possibility of future rate cuts, but perhaps not as many as...
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Federal Reserve Chairman Jerome Powell speaks during a news conference following a two-day Federal Open Market Committee meeting in Washington, Wednesday, July 31, 2019. The Federal Reserve cut its key interest rate for the first time in a decade to try to counter threats ranging from uncertainties caused by President Donald Trump's trade wars to chronically low inflation and a dim global outlook. (AP Photo/Manuel Balce Ceneta)
July 31, 2019 - 11:49 pm
BEIJING (AP) — Asian stock markets followed Wall Street lower Thursday after the U.S. central bank cut its key interest rate but left investors uncertain about future reductions. Benchmarks in Shanghai, Hong Kong and Australia tumbled while Tokyo was little-changed. The Federal Reserve's quarter-...
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