Central bank interest rates

President Donald Trump listens during an event to sign an executive order establishing the Task Force on Missing and Murdered American Indians and Alaska Natives, in the Oval Office of the White House, Tuesday, Nov. 26, 2019, in Washington. (AP Photo/ Evan Vucci)
December 02, 2019 - 10:08 am
WASHINGTON (AP) — President Donald Trump on Monday accused Argentina and Brazil of hurting American farmers through currency manipulation and said he’ll slap tariffs on their steel and aluminum imports to retaliate. Trump also called on America’s central bank to take action to prevent other...
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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 - 9:26 am
WASHINGTON (AP) — The U.S. economy grew at a moderate 2.1% annual rate over the summer, slightly faster than first estimated, the government said Wednesday. But many economists say they think growth is slowing sharply in the current quarter. The July-September growth rate in the gross domestic...
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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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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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FILE - In this July 31, 2019, file photo workers clean the outside facade of State Farm Stadium in Glendale, Ariz. On Wednesday, Oct. 16, the Federal Reserve releases its latest ‘Beige Book’ survey of economic conditions. (AP Photo/Ross D. Franklin)
October 16, 2019 - 2:36 pm
WASHINGTON (AP) — The U.S. economy was expanding at a modest pace in September and into October despite the fact manufacturing was being hurt by rising trade tensions and weaker global growth while adverse weather was affecting farmers. The Federal Reserve, issuing its latest assessment of business...
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October 11, 2019 - 1:39 pm
WASHINGTON (AP) — The Federal Reserve said Friday that it will buy short-term Treasury bills each month until the second quarter of 2020 to inject cash into the banking system and make it easier to control its benchmark lending rate. The action marks the Fed's latest response to a shortage of cash...
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The European Central Bank is seen next to the river Main in Frankfurt, Germany, late Wednesday, Oct. 2, 2019. (AP Photo/Michael Probst)
October 10, 2019 - 10:27 am
FRANKFURT, Germany (AP) — European Central Bank officials haggled extensively over several parts of the stimulus package decided at their last meeting, with dissenters objecting to bond purchases that pump newly created money into the economy. The written account of the meeting released Thursday...
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FILE - In this Sept. 18, 2019, file photo Federal Reserve Board Chair Jerome Powell speaks at a news conference following a two-day meeting of the Federal Open Market Committee in Washington. On Tuesday, Oct. 8, Powell is scheduled to speak about the Fed’s interest rate policy in Denver at the annual meeting of the National Association for Business Economics. (AP Photo/Patrick Semansky, File)
October 08, 2019 - 4:35 pm
WASHINGTON (AP) — Federal Reserve Chairman Jerome Powell said Tuesday that U.S. job growth since early last year was not as robust as thought, a hint that the Fed may be ready to keep cutting interest rates to support the economy. Powell also said the Fed will soon announce plans to buy Treasurys,...
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