Central banking

The last sunlight is reflected in the facade of the European Central Bank as the sun sets in Frankfurt, Germany, Tuesday, Feb. 19, 2019. (AP Photo/Michael Probst)
February 21, 2019 - 7:53 am
FRANKFURT, Germany (AP) — Top officials of the European Central Bank worried at their last meeting that the slowdown in economic growth might be "deeper and more broad-based" than previously suspected. The written account of the Jan. 24 meeting released Thursday indicated the bank's 25-member rate-...
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A Chinese man monitors stock prices at a brokerage in Beijing, China, Thursday, Feb. 21, 2019. Asian stock markets were little-changed Thursday following a listless day on Wall Street ahead of U.S.-Chinese negotiations aimed at ending a tariff battle. (AP Photo/Ng Han Guan)
February 21, 2019 - 7:26 am
BEIJING (AP) — Most global stock markets rose Thursday as U.S. and Chinese officials entered two days of negotiations aimed at ending a bruising tariff battle. In midday trading in Europe, Britain's FTSE 100 fell 0.7 percent to 7,178 after EU Commission President Jean-Claude Juncker said he remains...
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A Chinese man monitors stock prices at a brokerage in Beijing, China, Thursday, Feb. 21, 2019. Asian stock markets were little-changed Thursday following a listless day on Wall Street ahead of U.S.-Chinese negotiations aimed at ending a tariff battle. (AP Photo/Ng Han Guan)
February 20, 2019 - 11:22 pm
BEIJING (AP) — Asian stock markets were little-changed Thursday following a listless day on Wall Street ahead of U.S.-Chinese negotiations aimed at ending a tariff battle. Tokyo's Nikkei 225 index lost 0.1 percent to 21,402.69 after a gauge of manufacturing activity fell to a three-year low,...
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February 19, 2019 - 10:04 am
ATHENS, Greece (AP) — Greece's central bank chief has asked Prime Minister Alexis Tsipras to intervene after a cabinet minister phoned him to tell him how to do his job and then allegedly leaked the conversation to the press. In a statement Tuesday, bank chief Yiannis Stournaras deplored the deputy...
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Federal Reserve Chairman Jerome Powell addresses a rural policy forum at historically black Mississippi Valley State University in Itta Bena, Miss., Tuesday, Feb. 12, 2019. Powell says that many rural areas have not benefited from the national prosperity and those areas need special support. (AP Photo/Rogelio V. Solis)
February 12, 2019 - 4:42 pm
ITTA BENA, Miss. (AP) — Federal Reserve Chairman Jerome Powell traveled Tuesday to a historically black university in the Mississippi Delta to deliver a message that the nation's prosperity has not been felt in many such areas around the country. Powell said that many rural areas had been left out...
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A man walk past a Reserve Bank of India logo at their head office in Mumbai, India, Thursday, Feb. 7, 2019. India's central bank has lowered its key interest rate by a quarter of a percentage point to 6.25 percent, a step that is expected to boost the economy. (AP Photo/Rajanish Kakade)
February 07, 2019 - 4:42 am
NEW DELHI (AP) — India's central bank on Thursday lowered its key interest rate by a quarter of a percentage point to 6.25 percent in a surprise move intended to keep growth on track. The interest rate is what the federal bank charges on lending to commercial banks. Lower interest rates help...
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A currency trader works near screens showing the foreign exchange rates at the foreign exchange dealing room in Seoul, South Korea, Thursday, Feb. 7, 2019. Asian shares were mostly higher Thursday on news that the Reserve Bank of Australia may cut interest rates, driving hopes that other central banks could come to the same conclusion. (AP Photo/Lee Jin-man)
February 06, 2019 - 10:53 pm
SINGAPORE (AP) — Asian shares were mostly higher Thursday on news that the Reserve Bank of Australia may cut interest rates, driving hopes that other central banks could come to the same conclusion. Markets in China, Hong Kong and Taiwan were closed for Lunar New Year. Philip Lowe, the governor of...
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February 04, 2019 - 9:39 pm
WASHINGTON (AP) — The Federal Reserve says Chairman Jerome Powell had dinner at the White House with President Donald Trump on Monday, but the two men did not discuss the future course of interest rates. The Fed says Trump and Powell were joined by Treasury Secretary Steven Mnuchin and Federal...
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January 31, 2019 - 7:44 pm
WASHINGTON (AP) — President Donald Trump has met with Herman Cain about an opening on the Federal Reserve's board of governors. A person familiar with the conversations downplayed the Wednesday meeting at the White House and pointed out the president is looking at multiple candidates for openings...
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A man walks past an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo Thursday, Jan. 31, 2019. Shares rose in Asia on Thursday after a survey of Chinese manufacturers showed factory activity improved slightly in December. (AP Photo/Eugene Hoshiko)
January 31, 2019 - 7:23 am
BANGKOK (AP) — Stock markets mostly rose Thursday after the U.S. Federal Reserve signaled it would be cautious in raising interest rates and as investors monitor U.S-China trade talks. Economic data was mixed, with one survey pointing to improved Chinese manufacturing but another showing a slowdown...
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