Central bank interest rates

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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A screen on the floor of the New York Stock Exchange shows the rate decision of the Federal Reserve, Wednesday, March 20, 2019. The Federal Reserve is leaving its key interest rate unchanged and projecting no rate hikes in 2019, dramatically underscoring its plan to be "patient" about any further increases. (AP Photo/Richard Drew)
March 21, 2019 - 3:14 am
NEW YORK (AP) — So much for those worries about rising interest rates. Just a few months ago, rising rates were bearing down on everyone from home buyers to stock investors after the Federal Reserve put through seven quarter-point increases in 2017 and 2018. But some rates began easing early this...
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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 - 1:48 am
BANGKOK (AP) — Shares in Asia were mostly higher on Thursday after the Federal Reserve said it has ruled out interest rate increases for this year. The Shanghai Composite index advanced 0.6 percent to 3,109.48 while Hong Kong's Hang Seng gained 0.2 percent to 29,365.55. South Korea's Kospi climbed...
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FILE- In this Feb. 26, 2019, file photo Federal Reserve Chairman Jerome Powell testifies before the Senate Banking, Housing and Urban Affairs Committee on monetary policy on Capitol Hill in Washington. On Wednesday, March 20, the Federal Reserve releases its latest monetary policy statement after a two-day meeting. (AP Photo/Kevin Wolf, File)
March 20, 2019 - 2:36 pm
WASHINGTON (AP) — The Federal Reserve left its key interest rate unchanged Wednesday and projected no rate hikes in 2019, dramatically underscoring its plan to be "patient" about any further increases. The Fed said it was keeping its benchmark rate — which can influence everything from mortgages to...
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Chinese investors use computer terminals to monitor stock prices at a brokerage house in Beijing, Wednesday, March 20, 2019. Markets in Asia are mostly lower after a lackluster day of trading on Wall Street.(AP Photo/Mark Schiefelbein)
March 20, 2019 - 8:44 am
BANGKOK (AP) — Shares were mostly falling in Europe after a lackluster day of trading in Asia and U.S. markets appeared set for a slightly higher open ahead of the Federal Reserve's policy statement. Germany's DAX sank 1.2 percent to 11,644, dragged down by a profit warning by BMW and a court...
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