Fiscal policy

In this Wednesday, Nov. 27, 2019 photo workers use a lift while working on a new building in Boston's Seaport district. On Monday, Dec. 2, the Commerce Department reports on U.S. construction spending in October. (AP Photo/Steven Senne)
December 02, 2019 - 11:56 am
WASHINGTON (AP) — Spending on U.S. construction projects fell 0.8% in October, dragged down by declines in apartment and multi-family homebuilding. Private construction spending declined 1% in October, the Commerce Department said Monday. That follows another significant 1.1% decline in September...
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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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November 19, 2019 - 3:21 pm
WASHINGTON (AP) — The House has passed a short-term spending bill to keep federal agencies running for another month. The hope is that the additional time will help negotiators wrap up more than $1.4 trillion in unfinished appropriations bills. Tuesday’s legislation would avert a Thanksgiving...
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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 16, 2019 - 6:47 am
BRUSSELS (AP) — Inflation in the 19-country eurozone was revised down in September to its lowest rate in nearly three years as energy prices fell by more than initially thought, official figures showed Wednesday. In an update, statistics agency Eurostat found that consumer prices rose by an annual...
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Anti-government protesters cheer as they wait for a bus to return them home, in the aftermath of violent protests against the government, in Quito, Ecuador, Monday, Oct. 14, 2019. Ecuador celebrated a deal President Lenín Moreno and indigenous leaders struck late Sunday to cancel a disputed austerity package and end nearly two weeks of protests that have paralyzed the economy and left seven dead. (AP Photo/Fernando Vergara)
October 14, 2019 - 9:41 pm
QUITO, Ecuador (AP) — Thousands of indigenous demonstrators, student volunteers and local residents launched a mass cleanup Monday of a Quito park where anti-austerity protesters fought police for days, leaving piles of burning tires, trees and construction material. President Lenín Moreno signed a...
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Indigenous leaders attend negotiations with President Lenin Moreno in Quito, Ecuador, Sunday, Oct. 13, 2019. The government and indigenous protesters started negotiations aimed at defusing more than a week of demonstrations that have paralyzed the nation's economy. (AP Photo/Fernando Vergara)
October 13, 2019 - 11:14 pm
QUITO, Ecuador (AP) — President Lenín Moreno and leaders of Ecuador's indigenous peoples struck a deal late Sunday to cancel a disputed austerity package and end nearly two weeks of protests that have paralyzed the economy and left seven dead. Under the agreement announced just before 10 p.m.,...
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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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A man walks past the Reserve Bank of Australia in Sydney, Tuesday, Oct. 1, 2019. Australia's central bank cut its benchmark interest rate by a quarter of a percentage point for the third time since June to a new record low of 0.75%, seeking to boost a flagging economy. (AP Photo/Rick Rycroft)
October 01, 2019 - 2:34 am
CANBERRA, Australia (AP) — Australia's central bank on Tuesday cut its benchmark interest rate by a quarter of a percentage point for the third time since June to a new record low of 0.75%, seeking to boost a flagging economy. The cut follows reductions at the Reserve Bank of Australia board's...
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European Central Bank President Mario Draghi addresses European Parliament members at the European Parliament in Brussels, Monday, Sept. 23, 2019. (AP Photo/Francisco Seco)
September 30, 2019 - 10:32 am
FRANKFURT, Germany (AP) — European Central Bank head Mario Draghi says that stimulus measures including negative interest rates will have to stay in place longer if governments do not step up spending to help growth. Draghi was quoted Monday by the Financial Times as saying: "Our policies will...
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The rising sun divides the West Front of the U.S. Capitol in Washington, Wednesday morning, Sept. 25, 2019, the day after Speaker of the House Nancy Pelosi, D-Calif., declared she will launch a formal impeachment inquiry against President Donald Trump. (AP Photo/J. Scott Applewhite)
September 26, 2019 - 1:51 pm
WASHINGTON (AP) — The Senate passed a temporary government-wide funding bill on Thursday that staves off the risk of a government shutdown through Nov. 21. The measure would buy additional time for lawmakers to work to unclog a $1.4 trillion bundle of yearly spending bills that is hung up amid...
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