Monetary policy

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...
Read More
FILE - In this Thursday, May 24, 2018 file photo, President of the European Central Bank Mario Draghi arrives for an eurogroup meeting at the Europa building in Brussels. A German news media report has stirred new speculation about who will succeed Mario Draghi as head of the European Central Bank, one of the globe’s most powerful economic policy jobs. The Handelsblatt business publication citing government sources reported Thursday, Aug. 23, 2018 that Chancellor Angela Merkel is willing to drop plans to push for Jens Weidmann, the head of Germany’s national central bank, the Bundesbank. (AP Photo/Geert Vanden Wijngaert, file)
August 23, 2018 - 10:18 am
FRANKFURT, Germany (AP) — A German news media report has stirred new speculation about who will succeed Mario Draghi as head of the European Central Bank, one of the world's most powerful economic policy posts. Citing unnamed government sources, the Handelsblatt business publication reported...
Read More
August 17, 2018 - 9:46 pm
CARACAS, Venezuela (AP) — Venezuelan President Nicolas Maduro raised wages for the fifth time this year and said he wanted to peg prices to the nation's fledgling cryptocurrency as part of a package of measures that economists say is likely to accelerate hyperinflation. Maduro made the announcement...
Read More
August 06, 2018 - 12:38 am
BEIJING (AP) — China has tightened controls on trading in its yuan to discourage speculators after a decline against the dollar amid a tariff dispute with Washington fueled fears of a damaging outflow of capital from the world's second-largest economy. Traders must post a 20 percent deposit...
Read More
People walk past an electronic board showing Hong Kong share index outside a bank in Hong Kong, Thursday, Aug. 2, 2018. Share benchmarks in Asia are sliding, tracking losses overnight on Wall Street, where investors sold industrial stocks following reports that the Trump administration is considering a higher tax rate on Chinese imports. (AP Photo/Kin Cheung)
August 02, 2018 - 6:50 am
BANGKOK (AP) — World stocks were falling again Thursday on reports that the Trump administration is considering a higher tax rate on Chinese imports, increasing the stakes in the economic powers' trade war. KEEPING SCORE: The DAX index in export-reliant Germany tumbled 1.6 percent to 12,534 and the...
Read More
August 02, 2018 - 6:03 am
LONDON (AP) — The Bank of England raised its main interest rate Thursday for only the second time since the 2008 financial crisis as it weighed a strong jobs market and high inflation against growing concerns about Brexit. The bank's nine-member Monetary Policy Committee voted unanimously to raise...
Read More
August 01, 2018 - 5:14 am
NEW DELHI (AP) — India's central bank has raised its key interest rate by a quarter of a percentage point to 6.5 percent, saying that global growth has become uneven and risks to the outlook have increased with rising trade tensions. The second interest hike since January 2014 was announced by the...
Read More
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...
Read More
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...
Read More
President of European Central Bank Mario Draghi speaks during a news conference after a meeting of the ECB governing council in Frankfurt, Germany, Thursday, July 26, 2018. (AP Photo/Michael Probst)
July 26, 2018 - 8:41 am
FRANKFURT, Germany (AP) — The European Central Bank is stressing that interest rates will stay low well into next year even as the U.S. Federal Reserve is expected to keep raising rates in coming months. The central bank for the 19 countries that use the euro left its key rates and monetary...
Read More

Pages