Monetary policy

FILE - In this May 1, 2019, file photo traders Peter Mancuso, left, and Robert Arciero work on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Tuesday, July 9. (AP Photo/Richard Drew, File)
July 09, 2019 - 11:34 pm
TOKYO (AP) — Asian shares were mostly higher Wednesday in cautious trading ahead of closely watched congressional testimony by the U.S. Federal Reserve chairman. Japan's benchmark Nikkei 225 edged down nearly 0.2% in morning trading to 21,529.38. Australia's S&P/ASX 200 added 0.5% to 6,700.10...
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An investor walks in front of stock trading boards at a private market gallery in Kuala Lumpur, Malaysia, Tuesday, July 9, 2019. Asian shares mostly fell Tuesday in quiet trading as investors waited for signs on what might be ahead for U.S. interest rates. (AP Photo/Vincent Thian)
July 09, 2019 - 7:36 am
TOKYO (AP) — Global stock markets were mostly lower Tuesday as investors looked for signs of how far the U.S. Federal Reserve might cut interest rates after upbeat economic data in recent days. Shares on Wall Street are poised to open lower again amid growing speculation that an unexpectedly strong...
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An investor walks in front of stock trading boards at a private market gallery in Kuala Lumpur, Malaysia, Tuesday, July 9, 2019. Asian shares mostly fell Tuesday in quiet trading as investors waited for signs on what might be ahead for U.S. interest rates. (AP Photo/Vincent Thian)
July 09, 2019 - 12:32 am
TOKYO (AP) — Asian shares retreated Tuesday in quiet trading as investors awaited signs of what might be ahead for U.S. interest rates. Japan's benchmark Nikkei 225 was flat at 21,526.22, while Australia's S&P/ASX 200 dipped 0.3% to 6,653.60. South Korea's Kospi was marginally lower, down 0.1%...
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In this photo taken on Friday, July 5, 2019, Turkey's President Recep Tayyip Erdogan speaks during a meeting in Istanbul. Erdogan has fired the Central Bank Governor Murat Cetinkaya amid the country's economic downturn. Cetinkaya was replaced by Murat Uysal, the deputy governor, in a presidential decree published Saturday.(Presidential Press Service via AP, Pool)
July 08, 2019 - 6:46 am
ANKARA, Turkey (AP) — Turkey's currency fell sharply on Monday, reawakening concerns of another bout of financial jitters in the country, after President Recep Tayyip Erdogan fired the central bank governor, reportedly over disagreements on interest rate cuts. Murat Cetinkaya was replaced by Murat...
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A currency trader walks by the screens showing the foreign exchange rates at the foreign exchange dealing room in Seoul, South Korea, Monday, July 8, 2019. Asian stocks tumbled Monday after relatively strong U.S. employment data tempered hopes the Federal Reserve might cut interest rates. (AP Photo/Lee Jin-man)
July 08, 2019 - 6:26 am
BEIJING (AP) — Global stocks tumbled Monday after unexpectedly strong U.S. employment data tempered hopes the Federal Reserve might cut interest rates. Benchmarks in London, Frankfurt, Tokyo and Shanghai all declined. Fed leaders have said they are ready to cut rates to support economic growth amid...
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A currency trader walks by the screens showing the foreign exchange rates at the foreign exchange dealing room in Seoul, South Korea, Monday, July 8, 2019. Asian stocks tumbled Monday after relatively strong U.S. employment data tempered hopes the Federal Reserve might cut interest rates. (AP Photo/Lee Jin-man)
July 07, 2019 - 11:38 pm
BEIJING (AP) — Asian stocks tumbled Monday after relatively strong U.S. employment data tempered hopes the Federal Reserve might cut interest rates. Benchmarks in Shanghai, Tokyo, Seoul and Hong Kong all declined. Fed leaders have said they are ready to cut rates to support economic growth amid a...
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July 06, 2019 - 5:18 am
ISTANBUL (AP) — Turkey's president has fired the central bank governor amid the country's economic downturn. Murat Cetinkaya was replaced by Murat Uysal, the deputy governor, in a presidential decree published Saturday. President Recep Tayyip Erdogan has the authority to make such appointments,...
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FILE - This Feb. 5, 2018, file photo shows the seal of the Board of Governors of the United States Federal Reserve System in the ground at the Marriner S. Eccles Federal Reserve Board Building in Washington. Economist Judy Shelton, tapped by President Donald Trump for a seat on the Federal Reserve board, says she does not favor credit tightening by the Federal Reserve that would harm investors. In a CNBC interview on Friday, July 5, 2019, Shelton sought to align her past criticism of the Fed’s record low interest rates during the Obama administration with the current attacks by Trump on Fed rate hikes.(AP Photo/Andrew Harnik, File)
July 05, 2019 - 4:16 pm
WASHINGTON (AP) — Economist Judy Shelton, tapped by President Donald Trump for a seat on the Federal Reserve board, said on Friday she does not favor credit tightening by the Federal Reserve that would harm investors. In a CNBC interview, Shelton sought to align her past criticism of the Fed's...
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July 05, 2019 - 11:05 am
WASHINGTON (AP) — The Federal Reserve repeats its pledge to "act as appropriate" to sustain the current economic expansion, now the longest in U.S. history, while noting that most Fed officials have lowered their expectations for the future course of interest rates. The Fed's statement on interest...
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In this June 18, 2019, photo, a woman walks by an electronic stock board of a securities firm in Tokyo. Asian stocks fell Friday as investors waited for American employment data and details of U.S.-Chinese trade talks. (AP Photo/Koji Sasahara)
July 05, 2019 - 7:19 am
BEIJING (AP) — Asian stocks advanced Friday while European markets opened lower as investors waited for U.S. jobs data that could help determine whether, or how soon, the Federal Reserve cuts interest rates. Analysts expect a solid 165,000 increase in the monthly non-farm payrolls for June, and a...
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