Central bank interest rates

Federal Reserve Chair Jerome Powell presents the monetary policy report to the Senate Banking Committee, July 11, 2019, on Capitol Hill in Washington. (AP Photo/Jacquelyn Martin)
July 11, 2019 - 5:52 pm
WASHINGTON (AP) — Federal Reserve Chairman Jerome Powell, testifying for a second day before Congress, said Thursday that the economy is in a "very good place" despite headwinds and that the Fed is prepared to do what it can to "keep it there." Powell's comments before the Senate Banking Committee...
Read More
Federal Reserve Chairman Jerome Powell testifies before the House Financial Services Committee on Capitol Hill in Washington, Wednesday, July 10, 2019. (AP Photo/Susan Walsh)
July 10, 2019 - 7:23 pm
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) 7:20 p.m. Testimony by Chairman Jerome Powell to a House Committee about the economic outlook led investors to send stock prices up, bond...
Read More
Federal Reserve Chairman Jerome Powell testifies before the House Financial Services Committee on Capitol Hill in Washington, Wednesday, July 10, 2019. (AP Photo/Susan Walsh)
July 10, 2019 - 2:06 pm
WASHINGTON (AP) — Most Federal Reserve officials expressed concern at a meeting last month that the outlook for the U.S. economy was weakening, and many said the Fed should soon cut rates if uncertainty continued to weigh on growth. Some businesses, particularly in manufacturing, have pulled back...
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 - 8:37 am
WASHINGTON (AP) — Federal Reserve Chairman Jerome Powell said Wednesday that "many" Fed officials believe a weakening global economy and rising trade tensions have strengthened the case for looser interest-rate policies. Delivering the Fed's semi-annual monetary report to Congress, Powell sent the...
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 - 7:45 am
TOKYO (AP) — Global stock markets were steady Wednesday, with investors remaining cautious ahead of a closely watched congressional testimony by the chairman of the U.S. Federal Reserve, Jerome Powell. Traders will be listening closely to the exchanges between Powell and lawmakers on Wednesday and...
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 - 11:34 pm
TOKYO (AP) — Asian shares were mostly higher Wednesday in cautious trading ahead of closely watched congressional testimony by the U.S. Federal Reserve chairman. Japan's benchmark Nikkei 225 edged down nearly 0.2% in morning trading to 21,529.38. Australia's S&P/ASX 200 added 0.5% to 6,700.10...
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 09, 2019 - 7:36 am
TOKYO (AP) — Global stock markets were mostly lower Tuesday as investors looked for signs of how far the U.S. Federal Reserve might cut interest rates after upbeat economic data in recent days. Shares on Wall Street are poised to open lower again amid growing speculation that an unexpectedly strong...
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 09, 2019 - 12:32 am
TOKYO (AP) — Asian shares retreated Tuesday in quiet trading as investors awaited signs of what might be ahead for U.S. interest rates. Japan's benchmark Nikkei 225 was flat at 21,526.22, while Australia's S&P/ASX 200 dipped 0.3% to 6,653.60. South Korea's Kospi was marginally lower, down 0.1%...
Read More
A currency trader walks by the screens showing the foreign exchange rates at the foreign exchange dealing room in Seoul, South Korea, Monday, July 8, 2019. Asian stocks tumbled Monday after relatively strong U.S. employment data tempered hopes the Federal Reserve might cut interest rates. (AP Photo/Lee Jin-man)
July 08, 2019 - 6:26 am
BEIJING (AP) — Global stocks tumbled Monday after unexpectedly strong U.S. employment data tempered hopes the Federal Reserve might cut interest rates. Benchmarks in London, Frankfurt, Tokyo and Shanghai all declined. Fed leaders have said they are ready to cut rates to support economic growth amid...
Read More
In this photo taken on Friday, July 5, 2019, Turkey's President Recep Tayyip Erdogan speaks during a meeting in Istanbul. Erdogan has fired the Central Bank Governor Murat Cetinkaya amid the country's economic downturn. Cetinkaya was replaced by Murat Uysal, the deputy governor, in a presidential decree published Saturday.(Presidential Press Service via AP, Pool)
July 08, 2019 - 3:58 am
ANKARA, Turkey (AP) — The Turkish lira has dropped by around 2% against the dollar after President Recep Tayyip Erdogan fired the central bank governor reportedly over disagreements on interest rate cuts. Murat Cetinkaya was replaced by Murat Uysal, the central bank's deputy governor, in a...
Read More

Pages