Central banking

Currency traders watch monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Monday, Dec. 17, 2018. Asian markets rose Monday on hopes that the Federal Reserve would re-evaluate its hawkish stance at a meeting later this week, following signs of slower global growth. (AP Photo/Ahn Young-joon)
December 17, 2018 - 3:20 am
SINGAPORE (AP) — World markets were mixed on Monday as British Prime Minister Theresa May prepares to address the House of Commons over a messy exit deal. Most Asian indexes rose on hopes that the Federal Reserve would re-evaluate its hawkish stance at a meeting later this week, following signs of...
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December 16, 2018 - 9:59 pm
SINGAPORE (AP) — Asian markets rose Monday on hopes that the Federal Reserve would re-evaluate its hawkish stance at a meeting later this week, following signs of slower global growth. KEEPING SCORE: Japan's Nikkei 225 index added 0.8 percent to 21,536.85 and the Kospi in South Korea gained 0.3...
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A soldier allied to Yemen's internationally recognized government stands guard at the fish market in Aden, Yemen, Thursday, Dec. 13, 2018. A sense of normalcy has returned to Aden, now the seat of power for Yemen's internationally recognized government, but many challenges remain for bringing a lasting peace to the Arab world's poorest country. (AP Photo/Jon Gambrell)
December 13, 2018 - 11:38 am
ADEN, Yemen (AP) — Yemen's government nearly saw itself pushed into the sea by advancing rebels here three years ago. Now the port city of Aden shows the challenges that will likely still plague the nation following any potential peace agreement. Bursts of heavy machine gun fire still punctuates...
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FILE - In this Oct. 25, 2018 file photo the President of European Central Bank Mario Draghi waits for the beginning of a press conference following the meeting of the governing council in Frankfurt, Germany. Draghi will hold a press conference on Thursday, Dec. 13, 2018. (AP Photo/Michael Probst, file)
December 13, 2018 - 7:58 am
FRANKFURT, Germany (AP) — The Latest on the European Central Bank's monetary policy meeting (all times local): 2:55 p.m. European Central Bank President Mario Draghi says strong domestic demand and low interest rates are supporting the economy in Europe despite a recent moderation in growth. Draghi...
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In this Dec. 11, 2018 photo the European Central Bank sits next to the river Main in Frankfurt, Germany, where ECB president Mario Draghi will hold a news conference on Thursday, Dec. 13, 2018. (AP Photo/Michael Probst)
December 13, 2018 - 4:27 am
FRANKFURT, Germany (AP) — The European Central Bank is expected to halt the stimulus program that it deployed nearly four years ago to nurture a teetering eurozone economy back to health. Analysts say the bank is likely to confirm Thursday its plan to stop the program's monthly bond purchases at...
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FILE - In this Nov. 13, 2018, file photo, a shopper looks at hiking boots during a sale in REI Co-op's flagship store in Seattle. U.S. consumer prices were unchanged in November, the best performance since prices actually fell eight months ago. (AP Photo/Elaine Thompson, File)
December 12, 2018 - 8:01 am
WASHINGTON (AP) — U.S. consumer prices were unchanged in November, the best performance since prices actually fell eight months ago. The docile inflation reading reflected a big drop in the cost of gasoline and other energy products. The Labor Department said Wednesday that the unchanged inflation...
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FILE - In this Jan. 30, 2018 file photo, a job applicant talks with company representatives at a JobNewsUSA job fair in Miami Lakes, Fla. Jobs report on Friday, Dec. 7, for November is expected to point to a solid economy for most Americans, with steady hiring, a low unemployment rate and faster wage gains. If so, it would provide a dose of welcome news after this week’s frantic financial market gyrations, which have been driven by concerns that the U.S.-China trade war could escalate and weaken a U.S. economy already facing higher interest rates and slowing global growth. (AP Photo/Lynne Sladky, File)
December 07, 2018 - 11:40 am
WASHINGTON (AP) — U.S. businesses added a smaller but still-healthy number of jobs last month, while the unemployment rate remained at a five-decade low and wages rose at a solid clip. The figures, released Friday by the Labor Department, point to an economy that is still adding jobs at a steady...
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FILE- In this Thursday, Nov. 29, 2018, file photo Federal Reserve Chairman Jerome Powell waits to address the Federal Reserve Board's 15th annual College Fed Challenge Finals in Washington. The Federal Reserve says that the U.S. economy was growing in the fall, but there were concerns about higher tariffs from a widening trade war, rising interest rates and tight labor markets. In its latest report on economic conditions around the country, the Fed says most of its 12 regions saw moderate growth through late November. Dallas and Philadelphia says growth had slowed while St. Louis and Kansas City depicted growth as slight. (AP Photo/Cliff Owen, File)
December 05, 2018 - 3:42 pm
WASHINGTON (AP) — The Federal Reserve said Wednesday that the U.S. economy was growing in the fall, but there were concerns about higher tariffs from a widening trade war, rising interest rates and tight labor markets. In its latest report on economic conditions around the country, the Fed said...
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FILE - In a Thursday, Nov. 29, 2018 file photo, Federal Reserve Chairman Jerome Powell addresses the Federal Reserve Board's 15th annual College Fed Challenge Finals in Washington. Powell said Monday, Dec. 3, 2018 that Powell says that despite solid economic progress, the country still faces a number of challenges including slow wage-growth for lower-income workers to sluggish productivity and an aging population. (AP Photo/Cliff Owen, File)
December 03, 2018 - 7:41 pm
WASHINGTON (AP) — Federal Reserve Chairman Jerome Powell said Monday that despite solid economic progress, the country still faces a number of challenges ranging from slow wage-growth for lower-income workers to sluggish productivity and an aging population. Powell said in remarks at a Fed award...
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Federal Reserve Chairman Jerome Powell addresses the Federal Reserve Board's 15th annual College Fed Challenge Finals in Washington, Thursday, Nov. 29, 2018. (AP Photo/Cliff Owen)
November 29, 2018 - 4:00 pm
WASHINGTON (AP) — Federal Reserve officials earlier this month appeared on track to raise its key interest rate again in December, but they signaled that the pace of future rate hikes might need to slow given emerging risks to the economy, according to minutes of the discussions released Thursday...
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