Central banking

The last sunlight is reflected in the facade of the European Central Bank as the sun sets in Frankfurt, Germany, Tuesday, Feb. 19, 2019. (AP Photo/Michael Probst)
February 21, 2019 - 7:36 am
FRANKFURT, Germany (AP) — Top officials of the European Central Bank worried at their last meeting that the slowdown in economic growth might be "deeper and more broad-based" than previously suspected. The written account of the Jan. 24 meeting released Thursday indicated the bank's 25-member rate-...
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A Chinese man monitors stock prices at a brokerage in Beijing, China, Thursday, Feb. 21, 2019. Asian stock markets were little-changed Thursday following a listless day on Wall Street ahead of U.S.-Chinese negotiations aimed at ending a tariff battle. (AP Photo/Ng Han Guan)
February 21, 2019 - 4:44 am
BEIJING (AP) — Most global stock markets rose Thursday following a listless day on Wall Street ahead of U.S.-Chinese negotiations aimed at ending a tariff battle. In early trading, Germany's DAX index advanced 0.4 percent to 11,445.77 while London's FTSE 100 was off 0.2 percent at 7,210.51. France'...
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A Chinese man monitors stock prices at a brokerage in Beijing, China, Thursday, Feb. 21, 2019. Asian stock markets were little-changed Thursday following a listless day on Wall Street ahead of U.S.-Chinese negotiations aimed at ending a tariff battle. (AP Photo/Ng Han Guan)
February 20, 2019 - 11:22 pm
BEIJING (AP) — Asian stock markets were little-changed Thursday following a listless day on Wall Street ahead of U.S.-Chinese negotiations aimed at ending a tariff battle. Tokyo's Nikkei 225 index lost 0.1 percent to 21,402.69 after a gauge of manufacturing activity fell to a three-year low,...
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FILE- In this Jan. 30, 2019, file photo Federal Reserve Chairman Jerome Powell speaks at a news conference in Washington. On Wednesday, Feb. 20, the Federal Reserve releases minutes from its January meeting, when it held its benchmark interest rate steady and sent a strong signal that it sees no need to raise rates anytime soon. (AP Photo/Alex Brandon, File)
February 20, 2019 - 3:05 pm
WASHINGTON (AP) — Federal Reserve policymakers last month noted greater threats to the U.S. economy, ranging from adverse effects of the government shutdown to rising trade tensions, and opted to emphasize that they would be "patient" in raising interest rates. Minutes of the Fed's discussions in...
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In this Sunday, Feb. 3, 2019, photograph, a long row of unsold 2019 911 Carrera GTS cabriolets sits at a Porsche dealership in Littleton, Colo. Borrowers are behind in their auto loan payments in numbers not seen since delinquencies peaked at the end of 2010, according to the Federal Reserve Bank of New York. (AP Photo/David Zalubowski)
February 12, 2019 - 6:27 pm
DETROIT (AP) — Borrowers are behind in their auto loan payments in numbers not seen since delinquencies peaked at the end of 2010, according to the Federal Reserve Bank of New York. More than 7 million Americans were 90 or more days behind on their car loans at the end of last year, 1 million more...
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February 12, 2019 - 1:06 pm
ITTA BENA, Miss. (AP) — Federal Reserve Chairman Jerome Powell does not feel the probability of a recession "is at all elevated," and that the country is continuing to see solid economic growth. But in a visit to a historically black university in the Mississippi Delta, Powell says that many rural...
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A man walk past a Reserve Bank of India logo at their head office in Mumbai, India, Thursday, Feb. 7, 2019. India's central bank has lowered its key interest rate by a quarter of a percentage point to 6.25 percent, a step that is expected to boost the economy. (AP Photo/Rajanish Kakade)
February 07, 2019 - 4:42 am
NEW DELHI (AP) — India's central bank on Thursday lowered its key interest rate by a quarter of a percentage point to 6.25 percent in a surprise move intended to keep growth on track. The interest rate is what the federal bank charges on lending to commercial banks. Lower interest rates help...
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A currency trader works near screens showing the foreign exchange rates at the foreign exchange dealing room in Seoul, South Korea, Thursday, Feb. 7, 2019. Asian shares were mostly higher Thursday on news that the Reserve Bank of Australia may cut interest rates, driving hopes that other central banks could come to the same conclusion. (AP Photo/Lee Jin-man)
February 07, 2019 - 2:13 am
SINGAPORE (AP) — Asian shares were mostly higher Thursday on news that the Reserve Bank of Australia may cut interest rates, driving hopes that other central banks could come to the same conclusion. Markets in China, Hong Kong and Taiwan were closed for Lunar New Year. When borrowing is made less...
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A currency trader works near screens showing the foreign exchange rates at the foreign exchange dealing room in Seoul, South Korea, Thursday, Feb. 7, 2019. Asian shares were mostly higher Thursday on news that the Reserve Bank of Australia may cut interest rates, driving hopes that other central banks could come to the same conclusion. (AP Photo/Lee Jin-man)
February 06, 2019 - 10:53 pm
SINGAPORE (AP) — Asian shares were mostly higher Thursday on news that the Reserve Bank of Australia may cut interest rates, driving hopes that other central banks could come to the same conclusion. Markets in China, Hong Kong and Taiwan were closed for Lunar New Year. Philip Lowe, the governor of...
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February 04, 2019 - 9:39 pm
WASHINGTON (AP) — The Federal Reserve says Chairman Jerome Powell had dinner at the White House with President Donald Trump on Monday, but the two men did not discuss the future course of interest rates. The Fed says Trump and Powell were joined by Treasury Secretary Steven Mnuchin and Federal...
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