Central bank interest rates

April 24, 2019 - 11:39 am
The S&P 500 just hit an all-time high, recovering from last year's dramatic plunge. The economy seems to be on fairly solid footing, still it's anyone's guess what happens next for the stock market. So what does this mean for the average investor? Here are answers to some questions about where...
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FILE - In this March 26, 2019 file photo, an evening commuter is silhouetted against the glistening New York City skyline at sunset as he walks along Hudson River shoreline in Jersey City, N.J. On Wednesday, April 17, the Federal Reserve releases its latest "Beige Book" survey of economic conditions. (AP Photo/J. David Ake, File)
April 17, 2019 - 2:45 pm
WASHINGTON (AP) — The Federal Reserve said Wednesday the economy was expanding at a moderate pace in March and early April, despite uncertainty caused by trade tensions and severe flooding in the Midwest. In its latest report on economic conditions around the country, the Fed said that some...
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Japan's Finance Minister Taro Aso, speaks during a G20 news conference, at the World Bank/IMF Spring Meetings in Washington, Friday, April 12, 2019. (AP Photo/Jose Luis Magana)
April 12, 2019 - 3:58 pm
WASHINGTON (AP) — Finance officials from the world's major powers acknowledged Friday that the global economy is in a slowdown, but they forecast that growth will pick up by the second half of this year, thanks to interest-rate policies from the Federal Reserve and other central banks. Officials of...
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FILE- In this March 7, 2019, file photo visitors to the Pittsburgh veterans job fair meet with recruiters at Heinz Field in Pittsburgh. On Friday, April 5, the U.S. government issues the March jobs report. (AP Photo/Keith Srakocic, File)
April 05, 2019 - 6:10 pm
WASHINGTON (AP) — A month ago, many economists fretted that the 10-year U.S. expansion looked wobbly. But after the government reported Friday that hiring rebounded in March, the economy suddenly looks sturdy again. Growth has weakened since last year to something closer to the modest pace that has...
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April 05, 2019 - 9:54 am
WASHINGTON (AP) — The Latest on Friday's jobs report (all times local): 9:45 a.m. Economists say solid hiring and modest wage gains in Friday's jobs report for March probably aren't enough to change the Federal Reserve's current plans to hold off on additional interest rate hikes. Fed officials as...
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FILE - In this June 20, 2014 file photo, Herman Cain, CEO, The New Voice, speaks during Faith and Freedom Coalition's Road to Majority event in Washington. Trump says Herman Cain withdraws from consideration for Fed seat amid focus on past allegations. (AP Photo/Molly Riley, File)
April 04, 2019 - 5:36 pm
WASHINGTON (AP) — President Donald Trump said Thursday he is recommending Herman Cain, a political ally and former presidential candidate, for a seat on the Federal Reserve board. "I've told my folks that's the man," Trump told reporters in the Oval Office, saying that Cain is currently going...
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Reserve Bank of India Governor Shaktikanta Das smiles during a press conference to announce the first bi monthly monetary policy in Mumbai, India, Thursday, April 4, 2019. India's central bank has lowered its key interest rate by a quarter of a percentage point to 6% to strengthen domestic growth ahead of a national election next week. (AP Photo/Rajanish Kakade)
April 04, 2019 - 7:56 am
NEW DELHI (AP) — India's central bank cut its key interest rate by a quarter of a percentage point to 6% on Thursday, moving to prop up economic growth ahead of a national election next week. The interest rate is what the federal bank charges on lending to commercial banks. Lower interest rates...
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FILE- In this March 7, 2019, file photo specialist Anthony Rinaldi, left, and trader Michael Urkonis work on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Friday, March 29. (AP Photo/Richard Drew, File)
March 29, 2019 - 5:01 pm
Stocks finished broadly higher on Friday as Wall Street closed out the first quarter with the market's biggest gain in nearly a decade. The benchmark S&P 500 index is now up 13.1 percent this year, a drastic turnaround for stocks after a jarring 14 percent sell-off in the last three months of...
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European Central Bank President Mario Draghi arrives for an EU summit in Brussels, Friday, March 22, 2019. European Union leaders gathered again Friday after deciding that the political crisis in Britain over Brexit poses too great a threat and that action is needed to protect the smooth running of the world's biggest trading bloc. (Julien Warnand, Pool Photo via AP)
March 27, 2019 - 7:40 am
FRANKFURT, Germany (AP) — The European Central Bank is ready to take further action to help the economy if the outlook takes a sudden turn for the worse, bank President Mario Draghi said Wednesday. Draghi said the bank would take "all the monetary policy actions that are necessary and proportionate...
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A woman stands in front of an electronic board showing Hong Kong share index outside a bank in Hong Kong, Thursday, March 21, 2019. Shares in Asia are mostly higher after the Federal Reserve said it has ruled out interest rate increases for this year. (AP Photo/Kin Cheung)
March 21, 2019 - 4:41 am
BANGKOK (AP) — Shares were mixed in Europe on Thursday after a day of gains in Asia spurred by the Federal Reserve's promise not to raise interest rates during this year. Britain's FTSE 100 added 0.2 percent to 7,307.87 while the DAX in Germany lost 0.5 percent to 11,545.93. The CAC 40 in France...
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