Central bank interest rates

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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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 14, 2019 - 3:22 pm
WASHINGTON (AP) — Federal Reserve Chairman Jerome Powell on Thursday urged Congress to tackle the growing budget deficit but also underscored the current health of the nation’s economy. Powell’s testimony before the House Budget Committee came a day after he told Congress’ Joint Economic Committee...
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A currency trader talks on the phone at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Thursday, Nov. 14, 2019. Asian stock markets were mixed Thursday amid doubts about the status of a U.S.-Chinese trade deal after the U.S. Federal Reserve’s chairman said it is likely to leave its benchmark interest rate unchanged. (AP Photo/Ahn Young-joon)
November 14, 2019 - 7:58 am
BEIJING (AP) — Global stock markets slipped Thursday amid doubts about a U.S.-Chinese trade deal and after the U.S. Federal Reserve chairman said it is likely to leave its benchmark interest rate unchanged. London and Frankfurt were trading lower after Tokyo and Hong Kong closed down for the day...
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Trader Stephen Gilmartin, right, works with specialist Dilip Patel on the floor of the New York Stock Exchange, Wednesday, Nov. 13, 2019. Stocks are opening slightly lower on Wall Street led by declines in banks and industrial companies. (AP Photo/Richard Drew)
November 13, 2019 - 5:08 pm
Wall Street capped a wobbly day for stocks with another record-setting finish Wednesday. The Dow Jones Industrial Average and S&P 500 index each eked out a modest gain that was good enough to nudge them to record highs. The Nasdaq closed just below its all-time high set a day earlier. The...
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Federal Reserve Board Chair Jerome Powell testifies on the economic outlook, on Capitol Hill in Washington, Wednesday, Nov. 13, 2019. (AP Photo/Jose Luis Magana)
November 13, 2019 - 4:26 pm
WASHINGTON (AP) — Federal Reserve Chairman Jerome Powell said Wednesday that the Fed is likely to keep its benchmark short-term interest rate unchanged in the coming months, unless the economy shows signs of worsening. But for now, in testimony before a congressional panel, Powell expressed...
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Federal Reserve Chairman Jerome Powell speaks during a news conference in Washington, Wednesday, Oct. 30, 2019. The Federal Reserve cut rates for the third time this year. (AP Photo/Susan Walsh)
AP News
November 13, 2019 - 11:47 am
WASHINGTON (AP) — The Latest on Federal Reserve Chairman Jerome Powell’s testimony before the Joint Economic Committee about the outlook for the U.S. economy (all times local): 11:45 a.m. Federal Reserve Chairman Jerome Powell says that the unemployment rate, already near a 50-year low, could drop...
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FILE - In this Nov. 7, 2019, file photo specialist Gregg Maloney, left, and trader David O'Day work on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EST on Monday, Nov 11. (AP Photo/Richard Drew, File)
November 11, 2019 - 4:51 pm
NEW YORK (AP) — U.S. stocks mostly fell on Monday as uncertainty continues to hang over U.S.-China trade talks, or at least over investors' perception of them. The stock market has been rallying for five weeks in part on optimism that the United States and China are nearing a stopgap deal to calm...
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FILE - In this Oct. 30, 2019, file photo trader Sal Suarino works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EST on Wednesday, Nov 6. (AP Photo/Richard Drew, File)
November 06, 2019 - 4:31 pm
NEW YORK (AP) — A meandering day of trading left U.S. stock indexes close to their record highs on Wednesday, as strong gains for health care companies jousted with sharp drops in energy stocks. The market took a decisive turn lower in the middle of the day after a report from Reuters said the...
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FILE - In this Oct. 30, 2019, file photo trader Phyllis Arena Woods works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EST on Tuesday, Nov 5. (AP Photo/Richard Drew, File)
November 05, 2019 - 5:31 pm
NEW YORK (AP) — It's the market that continues mostly upward, even though there's still plenty to worry about. The Dow Jones Industrial Average and the Nasdaq closed at record highs yet again on Tuesday, and the S&P 500 closed barely below the all-time high it reached a day earlier. The gains...
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