Monetary policy

In this photo taken on Aug. 25, 2010, a bank clerk counts Chinese 100 Yuan notes in Shanghai. China’s politically sensitive yuan has sunk to a 22-month low against the dollar after the U.S. Treasury declined to label Beijing a currency manipulator amid a mounting tariff battle. (AP Photo/Eugene Hoshiko)
October 18, 2018 - 5:10 am
BEIJING (AP) — China's politically sensitive yuan has sunk to a 22-month low against the dollar after the U.S. Treasury declined to label Beijing a currency manipulator amid a mounting tariff battle. The yuan fell to 6.9411 per dollar at mid-morning on Thursday, the closest it has come to breaking...
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FILE- In this Oct. 2, 2018, file photo trader Sal Suarino works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Wednesday, Oct. 17. (AP Photo/Richard Drew, File)
October 17, 2018 - 4:40 pm
NEW YORK (AP) — After an early slide, U.S. stocks clawed back much of the ground they lost and ended slightly lower Wednesday. Banks climbed but retailers, homebuilders and smaller companies fell. Stocks slumped in morning trading as homebuilders and retailers took sharp losses after the Commerce...
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FILE - In this Nov. 9, 2017, file photo, U.S. President Donald Trump, right, chats with Chinese President Xi Jinping during a welcome ceremony at the Great Hall of the People in Beijing. China said Friday, Oct. 12, 2018 it is in contact with the United States amid reports of a planned meeting between President Xi Jinping and President Donald Trump next month following a dive in the U.S. stock market blamed partly on a growing trade war between the world's two largest economies. (AP Photo/Andy Wong, File)
October 12, 2018 - 1:07 pm
BEIJING (AP) — With China and the United States opening the door to a meeting next month between Presidents Xi Jinping and Donald Trump, hopes are rising for a potential easing of tensions in the trade war between the world's two largest economies. Worries about the increased tariffs the two sides...
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People walk past a bank electronic board showing the Hong Kong share index at Hong Kong Stock Exchange Monday, Oct. 8, 2018. Asian stock markets declined Monday, after China injected extra money into its cooling economy. (AP Photo/Vincent Yu)
October 08, 2018 - 7:56 am
LONDON (AP) — Global stock markets fell Monday as investors responded to the weekend decision from the Chinese monetary authorities to reduce the amount of capital that banks are required to hold, a move that stoked concerns that the world's number 2 economy is struggling in the face of the tariff...
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People walk past a bank electronic board showing the Hong Kong share index at Hong Kong Stock Exchange Monday, Oct. 8, 2018. Asian stock markets declined Monday, after China injected extra money into its cooling economy. (AP Photo/Vincent Yu)
October 08, 2018 - 12:26 am
BEIJING (AP) — Asian stocks declined Monday after China injected extra money into its cooling economy. KEEPING SCORE: The Shanghai Composite Index lost 3.0 percent to 2,738.04 and Hong Kong's Hang Seng was off 0.9 percent at 26,345.90. Seoul's Kospi lost 0.4 percent 2,258.72 and Sydney's S&P-...
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Federal Reserve Chairman Jerome Powell speaks at the annual meeting of the National Association for Business Economics, Tuesday, Oct. 2, 2018, in Boston. (AP Photo/Elise Amendola)
October 02, 2018 - 2:49 pm
BOSTON (AP) — Federal Reserve Chairman Jerome Powell said Tuesday that he sees no need to drop the central bank's current gradual approach to raising interest rates. Powell said the combination of steady, low inflation and very low unemployment shows the country is going through "extraordinary...
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Currency traders work near screens showing the foreign exchange rates at the foreign exchange dealing room in Seoul, South Korea, Thursday, Sept. 27, 2018. Asian markets were mixed on Thursday after the U.S. Federal Reserve lifted its key interest rate as expected for the third time this year. (AP Photo/Lee Jin-man)
September 27, 2018 - 6:34 am
SINGAPORE (AP) — European and Asian markets fell Thursday after the U.S. Federal Reserve tightened its monetary policy and raised interest rates for the third time this year. KEEPING SCORE: In Europe, France's CAC 40 shed 0.2 percent to 5,499.30 and Germany's DAX fell 0.4 percent to 12,340.45...
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FILE- In this July 17, 2018, file photo Federal Reserve Board Chair Jerome Powell testifies before the Senate Committee on Banking, Housing, and Urban Affairs on "The Semiannual Monetary Policy Report to the Congress," at Capitol Hill in Washington. On Wednesday, Sept. 26, the Federal Reserve issues its latest policy statement and updates its interest-rate and economic projections before Powell holds a news conference. (AP Photo/Jose Luis Magana, FIle)
September 26, 2018 - 5:46 pm
WASHINGTON (AP) — The Federal Reserve signaled its confidence Wednesday in the U.S. economy by raising a key interest rate for a third time this year, forecasting another rate hike before year's end and predicting that it will continue to tighten credit into 2020 to manage growth and inflation. The...
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FILE- In this July 17, 2018, file photo Federal Reserve Board Chair Jerome Powell testifies before the Senate Committee on Banking, Housing, and Urban Affairs on "The Semiannual Monetary Policy Report to the Congress," at Capitol Hill in Washington. On Wednesday, Sept. 26, the Federal Reserve issues its latest policy statement and updates its interest-rate and economic projections before Powell holds a news conference. (AP Photo/Jose Luis Magana, FIle)
September 26, 2018 - 3:02 pm
WASHINGTON (AP) — The Latest on the Federal Reserve's monetary policy meeting (all times local): 2:55 p.m. Federal Reserve Chairman Jerome Powell says that the several rounds of tariffs launched by the Trump administration have yet to hurt the U.S. economy's performance. But Powell tells reporters...
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FILE- In this May 10, 2018, file photo signs for the New York Stock Exchange hang above the trading floor. The U.S. stock market opens at 9:30 a.m. EDT on Wednesday, Sept. 26. (AP Photo/Mark Lennihan, File)
September 26, 2018 - 2:31 pm
NEW YORK (AP) — U.S. stock indexes rose Wednesday after the Federal Reserve raised interest rates for the third time this year in the face of the strengthening economy. Markets were widely expecting the move, and the announcement did not create big reactions for stocks or bonds, as can sometimes...
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