Central banking

People stand by an electronic stock board of a securities firm in Tokyo, Wednesday, Aug. 21, 2019. Asia stock markets followed Wall Street lower Wednesday as investors looked ahead to a speech by the Federal Reserve chairman for signs of possible plans for more U.S. interest rate cuts. (AP Photo/Koji Sasahara)
August 21, 2019 - 7:59 am
BEIJING (AP) — Global stock markets were back in positive territory Wednesday as investors looked ahead to a speech by the Federal Reserve chairman for signs of possible plans for more U.S. interest rate cuts. Market benchmarks in London and Frankfurt rose in early trading. On Wall Street, the...
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FILE - In this Aug. 19, 2019, file photo specialist Stephen Naughton, left, and trader Michael Milano work on the floor of the New York Stock Exchange. Stocks are opening slightly lower on Wall Street on Tuesday, Aug. 20, as major U.S. indexes give back a bit of the ground they won over the previous three days. (AP Photo/Richard Drew, File)
August 20, 2019 - 3:21 pm
Financial companies led a modest slide by stocks on Wall Street Tuesday afternoon as a mixed batch of company earnings and declining bond yields weighed on the market. The selling was widespread and had the market on track to snap a three-day winning streak for the S&P 500. Banks bore the brunt...
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In this Aug. 9, 2019, photo, President Donald Trump talks to reporters on the South Lawn of the White House in Washington. Trump is showcasing the growing effort to capitalize on western Pennsylvania’s natural gas deposits by turning gas into plastics. (AP Photo/Evan Vucci)
August 20, 2019 - 11:56 am
WASHINGTON (AP) — The "fundamentals" of the U.S. economy are solid, the White House asserted, invoking an ill-fated political declaration of a decade ago amid mounting concern that a recession could imperil President Donald Trump's reelection. Exhibiting no such concern, senior adviser Kellyanne...
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FILE - In this Tuesday, Feb. 12, 2019 file photo, the sun sets over the city of Frankfurt with the buildings of the banking district. Germany, Europe's industrial powerhouse and biggest economy, with companies like Volkswagen, Siemens and BASF, may be entering a recession, according to a gloomy report from the country's central bank Monday, August 19, 2019. (AP Photo/Michael Probst, File)
August 19, 2019 - 3:20 pm
BERLIN (AP) — Germany, Europe's industrial powerhouse and biggest economy, with companies like Volkswagen, Siemens and BASF, may be entering a recession, according to a gloomy report from the country's central bank Monday — a development that could have repercussions for the rest of the eurozone...
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August 19, 2019 - 12:24 pm
WASHINGTON (AP) — President Donald Trump is calling on the Federal Reserve to cut interest rates by at least a full percentage point "over a fairly short period of time," saying such a move would make the U.S. economy even better and would also "greatly and quickly" enhance the global economy. In...
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A man stretches as he walks over a bridge in Frankfurt, Germany, Wednesday, Aug. 14, 2019. In the background is the building of the European Central Bank. (AP Photo/Michael Probst)
August 19, 2019 - 12:07 pm
LONDON (AP) — Inflation across the 19-country eurozone was revised down for July, official figures showed Monday, bolstering expectations that the European Central Bank will provide another shot of stimulus to the single currency bloc next month. Eurostat said consumer prices across the eurozone...
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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, Monday, Aug. 19, 2019. Asian shares were higher Monday, as investors continue to rejigger their read on President Donald Trump's trade war and growing worries about slowing economies around the world.(AP Photo/Ahn Young-joon)
August 18, 2019 - 9:45 pm
TOKYO (AP) — Asian shares were higher Monday, as investors continue to rejigger their read on President Donald Trump's trade war and growing worries about slowing economies around the world. Japan's benchmark Nikkei 225 rose 0.6% in early trading to 20,532.95. Australia's S&P/ASX 200 gained 0.8...
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Trader Peter Tuchman works on the floor of the New York Stock Exchange, Friday, Aug. 16, 2019. Stocks are opening broadly higher at the end of a turbulent week. (AP Photo/Richard Drew)
August 17, 2019 - 11:22 am
You're not the only one confused about where the economy is headed. Just look at the stock market, where perplexed investors have been sending stocks on a wild ride in August. And there could be plenty more where that came from. Two notoriously volatile months for stocks lie just ahead. Stocks...
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President Donald Trump reacts at the end of his speech at a campaign rally, Thursday, Aug. 15, 2019, in Manchester, N.H. (AP Photo/Patrick Semansky)
August 17, 2019 - 6:29 am
WASHINGTON (AP) — President Donald Trump is warning of an economic crash if he loses reelection, arguing that even voters who personally dislike him should base their ballots on the nation's strong growth and low unemployment rate. But privately, Trump is growing increasingly worried the economy...
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Traders John Romolo, left, and George Ettinger work on the floor of the New York Stock Exchange, Friday, Aug. 16, 2019. Stocks are opening broadly higher at the end of a turbulent week. (AP Photo/Richard Drew)
August 16, 2019 - 5:23 pm
You're not the only one confused about where the economy is headed. Just look at the stock market, where perplexed investors have been sending stocks on a wild ride in August. And there could be plenty more where that came from. Two notoriously volatile months for stocks lie just ahead. Stocks...
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