Central bank interest rates

A currency trader watches computer monitors near the screens showing the Korea Composite Stock Price Index (KOSPI), right, and the foreign exchange rate between U.S. dollar and South Korean won at the foreign exchange dealing room in Seoul, South Korea, Tuesday, Dec. 10, 2019. Asian stock markets have fallen as investors look ahead to interest rate decisions by U.S. and European central bankers and possible American tariff hike on Chinese imports. (AP Photo/Lee Jin-man)
December 10, 2019 - 12:36 am
BEIJING (AP) — Asian stock markets fell Tuesday as investors looked ahead to a U.S. tariff deadline on Chinese imports and American and European interest rate decisions. Markets also were watching for the outcome of Britain's snap election Thursday amid uncertainty over plans to leave the European...
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December 09, 2019 - 2:38 pm
WASHINGTON (AP) — The Federal Reserve is expected to send a clear message when its latest policy meeting ends Wednesday: Interest rates will likely stay ultra-low for the foreseeable future. Behind that message is a view that has gained support at the Fed as the U.S. economic expansion has entered...
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FILE - In this April 7, 2016, file photo Federal Reserve chair Janet Yellen, left, and former Federal Reserve chairs Ben Bernanke, center, and Paul Volcker, right, react as they listen to former Fed Chair Alan Greenspan appearing via video conference, during a panel discussion in New York. Volcker, the former Federal Reserve chairman died on Sunday, Dec. 8, 2019, according to his office, He was 92. (AP Photo/Kathy Willens, File)
December 09, 2019 - 10:33 am
Paul Volcker, who as Federal Reserve chairman in the early 1980s elevated interest rates to historic highs and triggered a recession as the price of quashing double-digit inflation, has died, according to his office. He was 92. Volcker took charge of the Fed in August 1979, when the U.S. economy...
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Riot police clash with protesters, as they try to remove them and open a road during an anti-government protest in Beirut, Lebanon, Wednesday, Dec. 4, 2019. Protesters have been holding demonstrations since Oct. 17 demanding an end to corruption and mismanagement by the political elite that has ruled the country for three decades. (AP Photo/Bilal Hussein)
December 04, 2019 - 1:27 pm
BEIRUT (AP) — Lebanon’s central bank on Wednesday dramatically lowered interest rates on dollar and Lebanese pound deposits and loans — the latest measure to shore up the country’s banking system amid a burgeoning economic crisis. Banque de Liban also announced that for the next six months it would...
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FILE - In this Oct. 23, 2019, file photo a worker climbs a ladder as cranes work the construction site for the new corporate headquarters of Norfolk Southern in Atlanta. On Wednesday, Nov. 27, the Federal Reserve releases its latest "Beige Book" survey of economic conditions. (AP Photo/David Goldman, File)
November 27, 2019 - 2:27 pm
WASHINGTON (AP) — The Federal Reserve said Wednesday that the U.S. economy was expanding at a modest pace in October and early November, supported by growing consumer spending. In its latest assessment of business conditions nationwide, the Fed struck a more upbeat tone than it had in its previous...
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FILE - In this Oct. 19, 2019, file photo Eldon Sylvester harvest soybeans in his field near Wamego, Kan. On Wednesday, Nov. 27, the Commerce Department issues the second estimate of how the U.S. economy performed in the July-September quarter. (AP Photo/Charlie Riedel, File)
November 27, 2019 - 1:08 pm
WASHINGTON (AP) — A series of government reports Wednesday cast a picture of a steadily growing U.S. economy, fueled by solid consumer spending and defying threats — at least for now — from a U.S.-China trade war and a global slowdown. The Commerce Department estimated that the economy grew at a...
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Federal Reserve Board Chair Jerome Powell speaks to the Greater Providence Chamber of Commerce, Monday, Nov. 25, 2019, in Providence, R.I. (AP Photo/Matt O'Brien)
WBT
November 25, 2019 - 7:48 pm
Federal Reserve Chairman Jerome Powell is sketching an optimistic view of the economy but signaling that continued low inflation means higher interest rates won’t likely be necessary anytime soon. Powell says that even with unemployment near a 50-year low of 3.6%, there’s still “plenty of room” for...
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A Chinese investor uses his smartphone as he monitors stock prices at a brokerage house in Beijing, Tuesday, Nov. 19, 2019. Asian shares were mixed Tuesday as investor sentiment remained cautious amid worries about the next development in trade talks between the United States and China. (AP Photo/Mark Schiefelbein)
November 19, 2019 - 7:58 am
TOKYO (AP) — Global shares rose Tuesday as investors appeared hopeful for positive news from the trade talks between the United States and China. Strong economic data and better-than-expected corporate earnings have buoyed U.S. shares since early October, while “markets remain convinced that we...
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Federal Reserve Board Chair Jerome Powell testifies to the House Budget Committee, Thursday, Nov. 14, 2019, on Capitol Hill in Washington. (AP Photo/Jacquelyn Martin)
November 18, 2019 - 2:41 pm
WASHINGTON (AP) — President Donald Trump summoned Federal Reserve Chairman Jerome Powell to the White House on Monday to discuss the economy and interest rates — issues on which Trump has repeatedly attacked the Fed. The Fed said in a statement that Powell’s message to Trump during their meeting...
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Trader Michale Milano, left, works on the floor of the New York Stock Exchange, Thursday, Nov. 14, 2019. Stocks are opening slightly lower on Wall Street led by a decline in technology companies. (AP Photo/Richard Drew)
November 14, 2019 - 4:55 pm
A day of listless trading on Wall Street ended Thursday with another record high for the S&P 500. The benchmark index notched its third consecutive gain after spending most of the day wavering between small gains and losses. The Dow Jones Industrial Average and Nasdaq composite also budged...
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