Central banking

Bank of Japan Gov. Haruhiko Kuroda delivers a speech at a symposium in Tokyo Thursday, Jan. 17, 2019. Kuroda warned of unforeseen risks in guiding economic policy as the country’s population declines. (Kyodo News via AP)
January 17, 2019 - 1:48 am
TOKYO (AP) — Japan faces unforeseen risks in guiding economic policy as its population of about 126 million ages and declines, the governor of its central bank said Thursday. Bank of Japan Gov. Haruhiko Kuroda told fellow financial leaders Thursday that policies must be devised to prevent the...
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Visitor watch a stock trading board at a private stock market gallery in Kuala Lumpur, Malaysia, Friday, Jan. 11, 2019. Asian markets were mostly higher on Friday as investors cheered a more reactive Federal Reserve and U.S.-China trade talks. (AP Photo/Vincent Thian)
January 11, 2019 - 4:46 am
SINGAPORE (AP) — Global markets were mixed Friday as investors cheered the Federal Reserve's more restrained stance and opted to view this week's U.S.-China trade talks in a positive light. KEEPING SCORE: In Europe, Germany's DAX slipped 0.1 percent to 10,908.54 and the CAC 40 in France also edged...
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Visitor watch a stock trading board at a private stock market gallery in Kuala Lumpur, Malaysia, Friday, Jan. 11, 2019. Asian markets were mostly higher on Friday as investors cheered a more reactive Federal Reserve and U.S.-China trade talks. (AP Photo/Vincent Thian)
January 10, 2019 - 10:23 pm
SINGAPORE (AP) — Asian markets were mostly higher on Friday as investors cheered a more restrained Federal Reserve and U.S.-China trade talks. KEEPING SCORE: Japan's Nikkei 225 index advanced 0.7 percent to 20,306.16 and South Korea's Kospi was 0.4 percent higher at 2,071.18. Hong Kong's Hang Seng...
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Federal Reserve Board Chair Jerome Powell speaks during the Economic Club of Washington luncheon, in Washington, Thursday, Jan.10, 2019. (AP Photo/Carolyn Kaster)
January 10, 2019 - 1:46 pm
WASHINGTON (AP) — Federal Reserve Chairman Jerome Powell said Thursday that the central bank has the ability to be "patient" in determining when to hike interest rates. Speaking to an audience in Washington, Powell delivered the same reassuring message of restraint and flexibility that bolstered...
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FILE- In this Dec. 19, 2018, file photo the Federal Reserve Chairman Jerome Powell speak at a news conference in Washington. On Wednesday, Jan. 9, 2019, the Federal Reserve releases minutes from its December meeting when it raised its benchmark interest rate for the fourth time this year. (AP Photo/Susan Walsh, File)
January 09, 2019 - 1:27 pm
WASHINGTON (AP) — Federal Reserve officials expressed increasing worries when they met last month, as they grappled with volatile stock markets, trade tensions and uncertain global growth. The threats, they said, made the future path of interest rate hikes "less clear." According to minutes of the...
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January 08, 2019 - 6:25 am
ROME (AP) — Italy's populist government has stepped in to help guarantee struggling Banca Carige SpA, bending to pressure despite the ruling 5-Star Movement's longtime anti-bank bailout rhetoric. In a statement, the government said it passed a decree late Monday that guarantees future bond issues...
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Trader Michael Milano works on the floor of the New York Stock Exchange, Friday, Jan. 4, 2019. Stocks are jumping at the open on Wall Street Friday as investors welcome news of trade talks between the U.S. and China and a big gain in jobs in the U.S. (AP Photo/Richard Drew)
January 04, 2019 - 7:44 pm
NEW YORK (AP) — Global stocks soared Friday and reversed the big losses they suffered just a day earlier. The Dow Jones Industrial Average rallied 746 points in the latest twist in a wild three months for markets. Hopes for progress in the U.S.-China trade dispute, a strong report on the U.S. jobs...
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January 04, 2019 - 10:23 am
WASHINGTON (AP) — Federal Reserve Chairman Jerome Powell said Friday that he will not resign if asked to do so by President Donald Trump, a message that heartened investors who had been concerned by Trump's repeated attacks on his hand-picked choice to lead the nation's central bank. Appearing on a...
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The buildings of the banking district are reflected on the plain surface of the river Main in Frankfurt, Germany, Thursday, Jan. 3, 2019. (AP Photo/Michael Probst)
January 04, 2019 - 4:59 am
LONDON (AP) — Further signs of a cooldown in the eurozone economy emerged Friday, weighing on expectations that the European Central Bank will start raising interest rates this year. Inflation across the 19-country currency union fell in December to an eight-month low in the wake of the recent...
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FILE - In this Dec. 3, 2018, file photo, Treasury Secretary Steve Mnuchin talks with reporters at the White House in Washington. Trump says he has confidence in Mnuchin, calling him a "very talented guy" and a "very smart person." (AP Photo/Evan Vucci, File)
December 25, 2018 - 12:18 pm
WASHINGTON (AP) — President Donald Trump says he has confidence in Treasury Secretary Steven Mnuchin (mih-NOO'-shin), calling him a "very talented guy" and a "very smart person." Trump reiterated his view that the Federal Reserve is raising interest rates too fast, but called the independent agency...
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