Economic policy

FILE - In this June 30, 2019, file photo, President Donald Trump meets with North Korean leader Kim Jong Un at the border village of Panmunjom in the Demilitarized Zone, South Korea. Trump, the self-styled deal-maker president, is struggling to close big deals. He heads to the United Nations this coming week saddled with a heavy load of unresolved foreign policy challenges involving Iran, North Korea, Afghanistan, the Mideast and more. (AP Photo/Susan Walsh)
September 21, 2019 - 12:13 pm
WASHINGTON (AP) — President Donald Trump, a self-described deal-maker, is saddled with a long list of unresolved foreign policy deals he has yet to close heading into his U.N. visit this coming week. There are challenges with Iran, North Korea, the Afghan Taliban, Israel and the Palestinians — not...
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FILE - In this Sept. 16, 2019, file photo Gordon Charlop, center, and Christian Bader work at the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Friday, Sept. 20. (AP Photo/Mark Lennihan, File)
September 20, 2019 - 3:51 pm
Stocks veered lower on Wall Street in afternoon trading Friday after reports that a Chinese delegation has cut short a visit to the U.S. fueled speculation that upcoming talks aimed at resolving the costly trade war between Washington and Beijing are in trouble. The selling, which erased modest...
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This Thursday, Oct. 16, 2014 file photo shows President and CEO of the Federal Reserve Bank of Boston Eric Rosengren in Chelsea, Mass. Rosengren,s who opposed the September 2019 quarter-point rate cut, says that the additional stimulus was not needed. (AP Photo/Michael Dwyer)
September 20, 2019 - 12:36 pm
WASHINGTON (AP) — Two Federal Reserve officials who dissented from this week's quarter-point rate cut on Friday highlighted the current deep divisions at the central bank. Eric Rosengren, head of the Fed's Boston regional bank and one of two officials who opposed the rate cut, said Friday that the...
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FILE - In this Wednesday, 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. A peculiar thing is happening in financial markets this week _ a corner of the financial system where banks and others go for billions of dollars in short-term loans is suddenly in need of cash. To that end, the Federal Reserve has stepped in to inject about $200 billion into the market over the past three days, with plans for another $75 billion on Friday. (AP Photo/Patrick Semansky, File)
September 19, 2019 - 6:09 pm
WASHINGTON (AP) — A peculiar thing is happening in financial markets this week: an oft-overlooked corner of Wall Street where banks and others go for billions of dollars in short-term loans is suddenly in need of cash. To that end, the Federal Reserve has stepped in to inject about $200 billion...
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Britain's Prime Minister Boris Johnson meets with Military Service Chiefs at Downing Street in London, Thursday Sept. 19, 2019. (Henry Nicholls/Pool via AP)
September 19, 2019 - 8:10 am
LONDON (AP) — The Bank of England kept its main interest rate unchanged at 0.75% Thursday, its last scheduled interest rate decision before Britain is due to leave the European Union. In a statement, the bank said all nine of its rate-setters voted to keep rates unchanged and warned that prolonged...
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Chinese investors monitor stock prices at a brokerage house in Beijing, Thursday, Sept. 19, 2019. Shares were mixed in Asia on Thursday, with Tokyo and Sydney logging modest gains after the Federal Reserve cut its benchmark interest rate for a second time this year, citing slowing global economic growth and uncertainty over U.S. trade conflicts. (AP Photo/Andy Wong)
September 19, 2019 - 4:11 am
BANGKOK (AP) — Shares opened higher in Europe on Thursday after a mixed session in Asia following the Federal Reserve's decision to cut its benchmark interest rate for a second time this year. Germany's DAX edged 0.1% higher to 12,406.82 while the FTSE 100 in Britain advanced 0.2% to 7,331.84. In...
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Bank of Japan Gov. Haruhiko Kuroda attends a meeting at its headquarters in Tokyo Thursday, Sept. 19, 2019. Japan’s central bank has opted to keep its monetary policy unchanged despite growing signs of trouble that prompted the Federal Reserve to cut its benchmark rate. (Muneyuki Tomori/Kyodo News via AP)
September 19, 2019 - 2:17 am
TOKYO (AP) — Japan's central bank opted Thursday to keep its monetary policy unchanged despite the growing signs of trouble that prompted the Federal Reserve to cut its benchmark rate. The Bank of Japan said in its policy statement that exports, industrial output and business sentiment had been...
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Stock traders John Santiago, left, and Paul Cosentino work at the New York Stock Exchange, Wednesday, Sept. 18, 2019. The Federal Reserve is expected to announce its benchmark interest rate later in the day. (AP Photo/Mark Lennihan)
September 18, 2019 - 5:00 pm
Major U.S. stock indexes closed mostly higher Wednesday after the Federal Reserve cut its benchmark interest rate for a second time this year, citing slowing global economic growth and uncertainty over U.S. trade conflicts. Gains in banks, utilities and technology companies outweighed losses...
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Federal Reserve Board Chair Jerome Powell speaks at a news conference following a two-day meeting of the Federal Open Market Committee, Wednesday, Sept. 18, 2019, in Washington. (AP Photo/Patrick Semansky)
September 18, 2019 - 4:49 pm
WASHINGTON (AP) — A sharply divided Federal Reserve cut its benchmark interest rate Wednesday for a second time this year but declined to signal that further rate cuts are likely this year. The Fed's move reduced its key short-term rate — which influences many consumer and business loans — by an...
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Floor governor Michael Smyth works at the New York Stock Exchange, Wednesday, Sept. 18, 2019. The Federal Reserve is expected to announce its benchmark interest rate later in the day. (AP Photo/Mark Lennihan)
September 18, 2019 - 4:26 pm
NEW YORK (AP) — The latest on developments in financial markets (all times local): 4:00 p.m. Stocks are rebounding at the close of trading, led by banks and big tech names, after the Federal Reserve delivered an expected cut in interest rates. Stocks initially fell after the Fed announcement, after...
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