Economic Growth

Esther George, left, President and CEO of the Federal Reserve Bank of Kansas City, John Williams, center, President and CEO of the Federal Reserve Bank of New York, and Jerome Powell, Chairman of the Board of Governors of the Federal Reserve System walk together after Powell's speech at the Jackson Hole Economic Policy Symposium on Friday, Aug. 24, 2018 in Jackson Hole, Wyo. Federal Reserve Chairman Jerome Powell signaled Friday that he expects the Fed to continue gradually raising interest rates if the U.S. economic expansion remains strong. (AP Photo/Jonathan Crosby)
August 24, 2018 - 3:19 pm
WASHINGTON (AP) — Federal Reserve Chairman Jerome Powell signaled Friday that he expects the Fed to continue gradually raising interest rates if the U.S. economic expansion remains strong. Powell added that while annual inflation has risen to near the Fed's 2 percent target rate, it doesn't seem...
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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 at Capitol Hill in Washington. Powell gives the keynote address Friday, Aug. 24, at an annual conference of central bankers in Jackson Hole, Wyo. (AP Photo/Jose Luis Magana, File)
August 24, 2018 - 5:32 am
WASHINGTON (AP) — Federal Reserve Chairman Jerome Powell will not lack for urgent topics to address when he gives the keynote speech Friday to an annual gathering of global central bankers in Jackson Hole, Wyoming. Fed watchers will be listening for anything Powell has to say about financial...
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People walk past a bank electronic board showing the Hong Kong share index at Hong Kong Stock Exchange Wednesday, Aug. 15, 2018. Shares were mostly lower in Asia early Wednesday despite a rally overnight on Wall Street as investors' jitters over the Turkish currency crisis eased.(AP Photo/Vincent Yu)
August 15, 2018 - 7:21 am
BANGKOK (AP) — Stock markets turned lower Wednesday amid concerns about economic growth and continued tensions over Turkey, which announced it was increasing tariffs on imports of some U.S. products. KEEPING SCORE: Germany's DAX fell 1.1 percent to 12,220 and in France, the CAC 40 dropped 1.2...
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An investor walks in front of trading boards at a private stock market gallery in Kuala Lumpur, Malaysia, Tuesday, Aug. 14, 2018. Most Asian stock markets rose Tuesday after Wall Street declined as Turkey’s central bank struggled to contain a currency crisis that is feeding fears about other emerging markets. (AP Photo/Yam G-Jun)
August 14, 2018 - 4:13 am
BEIJING (AP) — Most global stock markets rebounded Tuesday after Wall Street slid on worries Turkey's currency crisis will hurt other emerging markets. KEEPING SCORE: In early trading, Germany's DAX rose 0.7 percent to 12,441.97 and France's CAC 40 gained 0.4 percent to 5,432.48. London's FTSE 100...
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President Donald Trump speaks as he meets with business leaders, Tuesday, Aug. 7, 2018, at Trump National Golf Club in Bedminster, N.J. (AP Photo/Carolyn Kaster)
August 07, 2018 - 7:20 pm
BEDMINSTER, N.J. (AP) — President Donald Trump says he thinks gross domestic product growth in the next quarter "could be in the 5s" — that is, higher than 5 percent — as he hosts business leaders at his Bedminster, New Jersey, golf resort. Trump made the bold prediction Tuesday evening at a dinner...
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AP Photo/Lynne Sladky
August 03, 2018 - 11:54 am
WASHINGTON (AP) — Employers pulled back on hiring in July, but the job gains were still enough to lower the U.S. unemployment rate a tick to 3.9 percent from 4 percent.
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FILE - This Wednesday, Aug. 2, 2017, file photo shows the Federal Reserve Building on Constitution Avenue in Washington. The Federal Reserve is likely to point to strong growth in the economy, low unemployment and rising inflation as reasons to keep on its current path of gradually raising interest rates. The Fed's statement at the end of its two-day meeting will be released Wednesday afternoon, Aug. 1, 2018, in the form of a brief policy statement. (AP Photo/Pablo Martinez Monsivais, File)
August 01, 2018 - 12:17 am
WASHINGTON (AP) — When the Federal Reserve wraps up its latest meeting, it will likely point to strong economic growth, low unemployment and rising inflation as reasons to stay on a path of gradually lifting interest rates. It is unlikely, however, to make any interest rate moves Wednesday. The Fed...
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Treasury Secretary Steve Mnuchin, left, and Director of the Office of Management and Budget Mick Mulvaney listen as President Donald Trump delivers remarks about the economy on the South Lawn of the White House, Friday, July 27, 2018, in Washington. (AP Photo/Evan Vucci)
July 29, 2018 - 11:26 pm
WASHINGTON (AP) — The president's top economic advisers are forecasting an economy that will continue to grow, an assessment few outside economists agree with. Treasury Secretary Steven Mnuchin predicts the economy will enjoy at least four or five years of sustained 3 percent growth. White House...
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July 29, 2018 - 10:25 pm
SINGAPORE (AP) — Asian markets fell Monday after a steep decline in the U.S. technology sector weighed on Wall Street at the end of the week despite data showing the economy was growing. KEEPING SCORE: Japan's Nikkei 225 index dropped 0.6 percent to 22,587.70 and South Korea's Kospi edged 0.1...
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Treasury Secretary Steve Mnuchin, left, and Director of the Office of Management and Budget Mick Mulvaney listen as President Donald Trump delivers remarks about the economy on the South Lawn of the White House, Friday, July 27, 2018, in Washington. (AP Photo/Evan Vucci)
July 29, 2018 - 6:07 pm
WASHINGTON (AP) — President Donald Trump's top economic policymakers insisted Sunday that the robust growth marked in the April-June quarter will maintain its pace and that he respects the Federal Reserve's independence despite his condemnation of the central bank for raising interest rates. "We as...
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