Monetary policy

President Donald Trump waves as he boards Air Force One before his departure from Andrews Air Force Base, Md., Thursday, April 13, 2017, to his Mar-a-Largo resort in Florida. (AP Photo/Alex Brandon)
April 13, 2017 - 10:24 pm
WASHINGTON (AP) — President Donald Trump is abruptly reversing himself on key issues. And for all his usual bluster, he's startlingly candid about the reason: He's just now really learning about some of them. "After listening for 10 minutes, I realized it's not so easy," the president said after a...
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President Donald Trump waves as he boards Air Force One before his departure from Andrews Air Force Base, Md., Thursday, April 13, 2017, to his Mar-a-Largo resort in Florida. (AP Photo/Alex Brandon)
April 13, 2017 - 9:29 pm
WASHINGTON (AP) — President Donald Trump is abruptly reversing himself on key issues. And for all his usual bluster, he's startlingly candid about the reason: He's just now really learning about some of them. "After listening for 10 minutes, I realized it's not so easy," the president said after a...
Read More
April 13, 2017 - 5:49 pm
WASHINGTON (AP) — President Donald Trump is abruptly reversing himself on key issues. And for all his usual bluster, he's startlingly candid about the reason: He's just now really learning about some of them. "After listening for 10 minutes, I realized it's not so easy," the president said after a...
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FILE - In this April 7, 2017 file photo, President Donald Trump, left, and Chinese President Xi Jinping walk together after their meetings at Mar-a-Lago, in Palm Beach, Fla. China says President Xi has stressed the need for an end to North Korea's nuclear weapons program in a phone discussion with Trump that followed tweets from the U.S. president urging China to play a more active role. Xi told Trump that China insists on peace and stability on the Korean Peninsula and advocates resolving the problem through peaceful means. He said China would maintain "communication and coordination" with Washington over it. The two leaders spoke Tuesday night, April 11, 2017, Washington time. (AP Photo/Alex Brandon, File)
April 12, 2017 - 7:42 pm
WASHINGTON (AP) — The United States and China struck what appeared to be an unusual bargain Wednesday as President Donald Trump said he won't label China a currency manipulator and voiced confidence Chinese President Xi Jinping will help him deal with North Korea's mounting threat. Another result...
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FILE - In this April 7, 2017 file photo, President Donald Trump, left, and Chinese President Xi Jinping walk together after their meetings at Mar-a-Lago, in Palm Beach, Fla. China says President Xi has stressed the need for an end to North Korea's nuclear weapons program in a phone discussion with Trump that followed tweets from the U.S. president urging China to play a more active role. Xi told Trump that China insists on peace and stability on the Korean Peninsula and advocates resolving the problem through peaceful means. He said China would maintain "communication and coordination" with Washington over it. The two leaders spoke Tuesday night, April 11, 2017, Washington time. (AP Photo/Alex Brandon, File)
April 12, 2017 - 6:46 pm
WASHINGTON (AP) — The United States and China struck what appeared to be an unusual bargain Wednesday as President Donald Trump said he won't label China a currency manipulator and voiced confidence Chinese President Xi Jinping will help him deal with North Korea's mounting threat. Another result...
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Federal Reserve Chair Janet Yellen speaks on stage as part of a conversation put on by the Gerald R. Ford School of Public Policy at the University of Michigan's Rackham Auditorium in Ann Arbor, Mich., on Monday, April 10, 2017. (Melanie Maxwell /The Ann Arbor News via AP)
April 10, 2017 - 7:00 pm
ANN ARBOR, Michigan (AP) — Federal Reserve Chair Janet Yellen said Monday that the central bank is close to achieving its goals on employment and inflation. Her remarks could be seen as providing support for gradual increases in interest rates. While expressing satisfaction with how the economy is...
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People seat in a coffee bar in Milan, Italy, Wednesday, April 5, 2017. (AP Photo/Luca Bruno)
April 06, 2017 - 5:16 am
FRANKFURT, Germany (AP) — European Central Bank head Mario Draghi insisted Thursday that the bank's stimulus efforts were still needed, while acknowledging that the risks to the economy across the 19-country eurozone appear to have diminished. "The recovery is progressing and now may be gaining...
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April 05, 2017 - 6:08 pm
WASHINGTON (AP) — Federal Reserve officials last month discussed the possibility of reducing their enormous portfolio of bond holdings later this year, sooner than many investors have been expecting. The Fed's bond holdings have kept downward pressure on interest rates. If its policy committee...
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People walk by an electronic stock board of a securities firm in Tokyo, Friday, March 17, 2017. Asian markets were mixed Friday, weighing prospects that the U.S. Federal Reserve will not raise interest rates as many times as some investors expect. (AP Photo/Koji Sasahara)
March 17, 2017 - 10:09 am
NEW YORK (AP) — U.S. stocks were mixed in early trading Friday, and indexes made only small moves for the second straight day. The Standard & Poor's 500 index is still on track to deliver its seventh week of gains in the last eight, following a big rally earlier in the week sparked by the...
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New York Stock Exchange Executive Floor Gov. Rudy Mass, center, calls out prices for the Canada Goose IPO on the floor of the New York Stock Exchange, Thursday, March 16, 2017. (AP Photo/Richard Drew)
March 17, 2017 - 1:13 am
TOKYO (AP) — Asian markets were mixed Friday, weighing prospects that the U.S. Federal Reserve will not raise interest rates as many times as some investors expect. KEEPING SCORE: Japan's benchmark Nikkei 225 edged down 0.3 percent to 19,529.26. Australia's S&P/ASX 200 added 0.2 percent to 5,...
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