Central bank interest rates

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)
July 31, 2019 - 5:58 pm
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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FILE - In this July 10, 2019, file photo Federal Reserve Chairman Jerome Powell testifies before the House Financial Services Committee on Capitol Hill in Washington. Powell has signaled that rising economic pressures, notably from President Donald Trump’s trade wars and from a global slowdown, have become cause for concern. (AP Photo/Susan Walsh, File)
July 31, 2019 - 5:08 pm
NEW YORK (AP) — The Latest on the Federal Reserve and its action related to a key interest rate (all times local): 5:00 p.m. President Donald Trump, who has repeatedly attacked the Federal Reserve for failing to cut rates aggressively, expressed irritation with the Fed's message Wednesday. "What...
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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)
July 31, 2019 - 3:11 pm
WASHINGTON (AP) — The Federal Reserve cut its key interest rate Wednesday 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. The Fed also repeated a pledge to "act...
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A couple embrace in the crowded Rastro street market in Madrid, Spain, Sunday, July 28, 2019. (AP Photo/Paul White)
July 31, 2019 - 6:46 am
FRANKFURT, Germany (AP) — Inflation and growth have sagged in the eurozone, official figures showed Wednesday, bolstering the case for the European Central Bank to inject another dose of monetary stimulus into the 19-country currency bloc at its September meeting. The European Union's statistics...
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A man pases by an electronic stock board of a securities firm in Tokyo, Wednesday, July 31, 2019. Asian shares were mostly lower Wednesday as investors looked cautiously ahead to a key policy update from the U.S. Federal Reserve later in the day. (AP Photo/Koji Sasahara)
July 31, 2019 - 1:49 am
TOKYO (AP) — Asian shares were mostly lower Wednesday as investors looked cautiously ahead to a key policy update from the U.S. Federal Reserve later in the day. Japan's benchmark Nikkei 225 fell 1.0% to 21,490.57 in early trading. Australia's S&P/ASX 200 lost 0.3% to 6,823.70. South Korea's...
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FILE - In this Friday, July 19 2019, file photo specialist Mark Otto, left, and trader Fred DeMarco work on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Friday, July 26. (AP Photo/Richard Drew, File)
July 28, 2019 - 10:49 pm
TOKYO (AP) — Asian shares were mostly lower Monday as investors watched for developments in the trade conflict between the U.S. and China, with talks set to continue this week. Japan's benchmark Nikkei 225 edged down 0.3% in early trading to 21,584.96. Australia's S&P/ASX 200 gained 0.2% to 6,...
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In this Wednesday, July 24, 2019 photo, the container ship Seaboard Atlantic is shown docked at PortMiami in Miami. The government says the U.S. economy grew more slowly in 2018 than it previously estimated, downgrading its estimate from 3% to 2.5%. President Donald Trump had frequently boasted of the 3% growth figure as evidence that his policies invigorated the economy. (AP Photo/Wilfredo Lee)
July 26, 2019 - 5:55 pm
WASHINGTON (AP) — The U.S. economy slowed sharply in the April-June quarter even as consumers stepped up their spending. The gross domestic product, the economy's total output of goods and services, grew at a 2.1% annual rate last quarter, down from a 3.1% gain in the first quarter, the Commerce...
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Sen. Elizabeth Warren, D-Mass., speaks about a bill to cancel student loan debt, Tuesday, July 23, 2019, on Capitol Hill in Washington. (AP Photo/Jacquelyn Martin)
July 26, 2019 - 2:30 pm
WASHINGTON (AP) — Elizabeth Warren became a household name thanks to her prescient warning of what became a global financial crisis. Now she's staking her credentials on another forecast of fiscal trauma ahead. But even economists who like her prescription are skeptical about her diagnosis. The...
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President of European Central Bank Mario Draghi comes to a press conference following a meeting of the governing council in Frankfurt, Germany, Thursday, July 25, 2019. (AP Photo/Michael Probst)
July 25, 2019 - 10:56 am
FRANKFURT, Germany (AP) — The European Central Bank joined the U.S Federal Reserve in making clear that more stimulus could be coming soon to support an economy weakening in the face of global trade tensions. The ECB's rate-setting board left its key interest benchmarks unchanged at a policy...
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A currency trader watches monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Thursday, July 25, 2019. Asian shares have rallied after the S&P 500 and Nasdaq closed at record highs. South Korea’s Kospi sank early Thursday after North Korea launched two short range missiles into the sea. (AP Photo/Ahn Young-joon)
July 25, 2019 - 4:47 am
BANGKOK (AP) — World shares are mostly higher as investors watch for policy moves by the European Central Bank. The gains follow record high closes for the S&P 500 and Nasdaq overnight. South Korea's Kospi declined, however, after rival North Korea launched two short range missiles into the sea...
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