Economic growth

FILE- In this Feb. 26, 2019, file photo Federal Reserve Chairman Jerome Powell testifies before the Senate Banking, Housing and Urban Affairs Committee on monetary policy on Capitol Hill in Washington. On Wednesday, March 20, the Federal Reserve releases its latest monetary policy statement after a two-day meeting. (AP Photo/Kevin Wolf, File)
March 20, 2019 - 3:22 pm
WASHINGTON (AP) — The Federal Reserve left its key interest rate unchanged Wednesday and projected no rate hikes in 2019, reflecting a dimmer view of the economy as growth weakens in the United States and abroad. The Fed said it was keeping its benchmark rate — which can influence everything from...
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FILE- In this Feb. 26, 2019, file photo Federal Reserve Chairman Jerome Powell testifies before the Senate Banking, Housing and Urban Affairs Committee on monetary policy on Capitol Hill in Washington. On Wednesday, March 20, the Federal Reserve releases its latest monetary policy statement after a two-day meeting. (AP Photo/Kevin Wolf, File)
March 20, 2019 - 3:22 pm
WASHINGTON (AP) — The Latest on the Federal Reserve's monetary policy meeting (all times local): 3:10 p.m. Federal Reserve Chairman Jerome Powell explained Wednesday why he thinks a recent stumble in the U.S. economy's growth will be temporary. Consumers appeared to pull back this winter, with...
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March 19, 2019 - 8:32 am
BERLIN (AP) — The German government's panel of economic advisers nearly halved its German growth forecast for this year to 0.8 percent — the latest in a long list of downgrades for Europe's biggest economy. In a regular update Tuesday, the panel cut its 2019 forecast from the previous 1.5 percent...
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Chinese President Xi Jinping and Chinese Premier Li Keqiang arrive for the closing session of the National People's Congress in Beijing's Great hall of the People on Friday, March 15, 2019. (AP Photo/Ng Han Guan)
March 15, 2019 - 8:36 am
BEIJING (AP) — China's No. 2 leader denied that Beijing tells its tech companies to spy abroad and promised Friday to treat foreign and domestic competitors equally in an effort to defuse tensions with Washington and Europe. Premier Li Keqiang's rejection of spying accusations at a news conference...
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Office of Management and Budget Acting Director Russell Vought testifies before the House Budget Committee on Capitol Hill in Washington, Tuesday, March 12, 2019, during a hearing on the fiscal year 2020 budget. (AP Photo/Susan Walsh)
March 12, 2019 - 11:54 am
WASHINGTON (AP) — The White House's top budget official acknowledged Tuesday that the federal deficit is ballooning to $1.1 trillion alongside the Republican tax plan but vowed the fiscal picture would improve as a result of projected economic growth. Russ Vought, acting director of the Office of...
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FILE - In this Jan. 30, 2019, file photo, Federal Reserve Chairman Jerome Powell speaks at a news conference in Washington. Powell says political attacks by President Donald Trump played no role in the Fed’s decision in January to signal that it planned to take a pause in hiking interest rates. He also said in an interview broadcast Sunday, March 10, 2019, that he can’t be fired by the president and that he intends to serve out his full four-year term. (AP Photo/Alex Brandon, File)
March 10, 2019 - 8:52 pm
WASHINGTON (AP) — Federal Reserve Chairman Jerome Powell says political attacks by President Donald Trump played no role in the Fed's decision in January to signal that it planned to take a pause in hiking interest rates. He also said in an interview broadcast Sunday that he can't be fired by the...
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In this July 31, 2018, photo, people come and go at a crosswalk in Tokyo. Japan’s economy grew at an annual pace of 1.9 percent in October-December, according to revised data from the Cabinet Office that showed stronger investment than earlier reported. The seasonally adjusted figure released Friday, March 8, 2019 was an improvement over an earlier estimate for 1.4 percent growth in the final quarter of 2018. (AP Photo/Koji Sasahara)
March 08, 2019 - 2:35 am
TOKYO (AP) — Japan's economy grew at an annual pace of 1.9 percent in October-December, according to revised data from the Cabinet Office that showed stronger investment than earlier reported. The seasonally adjusted figure released Friday was an improvement over an earlier estimate for 1.4 percent...
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Dark clouds hang over the city with its bank buildings in Frankfurt, Germany, on a windy Thursday morning, March 7, 2019. (AP Photo/Michael Probst)
March 07, 2019 - 8:56 am
FRANKFURT, Germany (AP) — The European Central Bank took unexpectedly quick action Thursday to support a weakening economy, pushing back the earliest date of interest rate increases and announcing a new round of cheap loans to banks. The bank said Thursday after its regular policy meeting that it...
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FILE- In this Jan. 4, 2019, file work continues on a plan of new homes in Franklin Park, Pa. On Thursday, March 7, the Labor Department issues revised data on productivity in the fourth quarter. (AP Photo/Keith Srakocic, File)
March 07, 2019 - 8:54 am
WASHINGTON (AP) — U.S. productivity grew at a rate of 1.9 percent in the fourth quarter, a slight improvement over the third quarter. Labor costs rose 2 percent, the strongest gain since the beginning of 2018. The Labor Department reported Thursday that the result from the October-December period...
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FILE- In this Tuesday, March 5, 2019, file photo the Cape Kortia container ship, left, heads into the Port of Tacoma in Commencement Bay in Tacoma, Wash. The U.S. trade deficit jumped nearly 19 percent in December, pushing the trade imbalance for all of 2018 to widen to a decade-long high of $621 billion. The gap with China on goods widened to an all-time record of $419.2 billion. (AP Photo/Ted S. Warren, File)
March 06, 2019 - 9:57 am
WASHINGTON (AP) — The U.S. trade deficit jumped nearly 19 percent in December, pushing the trade imbalance for all of 2018 to widen to a decade-long high of $621 billion. The gap with China on goods widened to an all-time record of $419.2 billion. The Commerce Department figures released Wednesday...
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