Monetary policy

FILE - This Wednesday, Aug. 2, 2017, file photo shows the Federal Reserve Building on Constitution Avenue in Washington. The Federal Reserve is likely to point to strong growth in the economy, low unemployment and rising inflation as reasons to keep on its current path of gradually raising interest rates. The Fed's statement at the end of its two-day meeting will be released Wednesday afternoon, Aug. 1, 2018, in the form of a brief policy statement. (AP Photo/Pablo Martinez Monsivais, File)
August 01, 2018 - 1:17 am
WASHINGTON (AP) — When the Federal Reserve wraps up its latest meeting, it will likely point to strong economic growth, low unemployment and rising inflation as reasons to stay on a path of gradually lifting interest rates. It is unlikely, however, to make any interest rate moves Wednesday. The Fed...
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Trader Michael Capolino, left, works on the floor of the New York Stock Exchange, Monday, July 30, 2018. Stocks are off to a mixed start on Wall Street as gains in banks and energy companies are offset by losses in other sectors. (AP Photo/Richard Drew)
July 30, 2018 - 11:45 am
NEW YORK (AP) — Technology stocks fell once again on Monday and deepened their steep losses from the end of last week. It's a sharp turnaround for a group that had long been the stock market's undisputed leader. A jump for energy stocks helped to offset the losses, but U.S. indexes were modestly...
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Treasury Secretary Steve Mnuchin, left, and Director of the Office of Management and Budget Mick Mulvaney listen as President Donald Trump delivers remarks about the economy on the South Lawn of the White House, Friday, July 27, 2018, in Washington. (AP Photo/Evan Vucci)
July 29, 2018 - 7:07 pm
WASHINGTON (AP) — President Donald Trump's top economic policymakers insisted Sunday that the robust growth marked in the April-June quarter will maintain its pace and that he respects the Federal Reserve's independence despite his condemnation of the central bank for raising interest rates. "We as...
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A woman begs for money near a shop window promoting sales up to 70 per cent discount, in downtown Rome, Wednesday, July 25, 2018. (AP Photo/Gregorio Borgia)
July 26, 2018 - 8:08 am
FRANKFURT, Germany (AP) — The European Central Bank is stressing that interest rates will stay low well into next year even as the U.S. Federal Reserve is expected to keep raising rates in coming months. The central bank for the 19 countries that use the euro left its key rates and monetary...
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A currency trader walks by the screen showing the foreign exchange rate between U.S. dollar and South Korean won at the foreign exchange dealing room in Seoul, South Korea, Monday, July 23, 2018. Asian markets were mostly lower on Monday as concerns over trade tensions moved to the forefront at the meeting this weekend of the Group of 20 industrial nations. (AP Photo/Lee Jin-man)
July 23, 2018 - 12:31 am
SINGAPORE (AP) — Asian markets were mostly lower on Monday as concerns over trade tensions moved to the forefront at the meeting this weekend of the Group of 20 industrial nations. KEEPING SCORE: Japan's Nikkei 225 tumbled 1.3 percent to 22,403.45 and South Korea's Kospi dropped 0.7 percent to 2,...
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U.S. Treasury Secretary Steven Mnuchin speaks during a press gaggle with reporters in Buenos Aires, Argentina, Saturday, July 21, 2018. Mnuchin said Saturday that Donald Trump was not trying to put pressure on the Federal Reserve when he criticized its decision to raise interest rates. (AP Photo/Victor R. Caivano)
July 21, 2018 - 2:25 pm
BUENOS AIRES, Argentina (AP) — U.S. Treasury Secretary Steven Mnuchin said Saturday that Donald Trump was not trying to put pressure on the Federal Reserve when he criticized its decision to raise interest rates. Speaking to reporters on the sidelines of a Group of 20 meeting in Buenos Aires,...
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