Monetary policy

A man pases by an electronic stock board of a securities firm in Tokyo, Wednesday, July 31, 2019. Asian shares were mostly lower Wednesday as investors looked cautiously ahead to a key policy update from the U.S. Federal Reserve later in the day. (AP Photo/Koji Sasahara)
July 31, 2019 - 1:49 am
TOKYO (AP) — Asian shares were mostly lower Wednesday as investors looked cautiously ahead to a key policy update from the U.S. Federal Reserve later in the day. Japan's benchmark Nikkei 225 fell 1.0% to 21,490.57 in early trading. Australia's S&P/ASX 200 lost 0.3% to 6,823.70. South Korea's...
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A woman walks by an electronic stock board of a securities firm in Tokyo, Tuesday, July 30, 2019. Shares were mostly higher in Asia on Tuesday as envoys from the U.S. and China prepared to resume trade talks, this time in Shanghai. (AP Photo/Koji Sasahara)
July 30, 2019 - 4:44 am
BANGKOK (AP) — World shares were mixed Tuesday as investors awaited an expected interest rate cut by the U.S. Federal Reserve and watched for progress in trade talks between the U.S. and China. Germany's DAX lost 0.7% to 12,322.92 and the CAC 40 in France gave up 0.4% to 5,577.45. Britain's FTSE...
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An investor walks in front of stock trading boards at a private stock market gallery in Kuala Lumpur, Malaysia, Monday, July 29, 2019. Asian shares were mostly lower Monday as investors watched for developments in the trade conflict between the U.S. and China, with talks set to continue this week. (AP Photo/Vincent Thian)
July 28, 2019 - 11:35 pm
TOKYO (AP) — Asian shares were mostly lower Monday as investors watched for developments in the trade conflict between the U.S. and China, with talks set to continue this week. Japan's benchmark Nikkei 225 edged down 0.3% in early trading to 21,584.96. Australia's S&P/ASX 200 gained 0.2% to 6,...
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Sen. Elizabeth Warren, D-Mass., speaks about a bill to cancel student loan debt, Tuesday, July 23, 2019, on Capitol Hill in Washington. (AP Photo/Jacquelyn Martin)
July 26, 2019 - 2:30 pm
WASHINGTON (AP) — Elizabeth Warren became a household name thanks to her prescient warning of what became a global financial crisis. Now she's staking her credentials on another forecast of fiscal trauma ahead. But even economists who like her prescription are skeptical about her diagnosis. The...
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In this Wednesday, July 24, 2019 photo, the container ship Seaboard Atlantic is shown docked at PortMiami in Miami. The government says the U.S. economy grew more slowly in 2018 than it previously estimated, downgrading its estimate from 3% to 2.5%. President Donald Trump had frequently boasted of the 3% growth figure as evidence that his policies invigorated the economy. (AP Photo/Wilfredo Lee)
July 26, 2019 - 12:13 pm
WASHINGTON (AP) — The U.S. economy slowed sharply in the April-June quarter even as consumers stepped up their spending. The gross domestic product, the economy's total output of goods and services, grew at a 2.1% annual rate last quarter, down from a 3.1% gain in the first quarter, the Commerce...
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In this Friday, July 19, 2019 photo, a For Sale sign is posted in front of a home in Miami. On Thursday, July 25, Freddie Mac reports on this week’s average U.S. mortgage rates. (AP Photo/Lynne Sladky)
July 25, 2019 - 1:06 pm
WASHINGTON (AP) — U.S. long-term mortgage rates fell this week, edging toward three-year lows amid signals from Federal Reserve officials that they could cut their benchmark interest rate at their meeting next week. Mortgage buyer Freddie Mac said Thursday the average rate on the key 30-year...
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President of European Central Bank Mario Draghi comes to a press conference following a meeting of the governing council in Frankfurt, Germany, Thursday, July 25, 2019. (AP Photo/Michael Probst)
July 25, 2019 - 10:32 am
FRANKFURT, Germany (AP) — The European Central Bank joined the U.S Federal Reserve in making clear that more stimulus could be coming soon to support an economy weakening in the face of global trade tensions. The ECB left its key interest benchmarks unchanged at a policy meeting Thursday but said...
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A currency trader watches monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Thursday, July 25, 2019. Asian shares have rallied after the S&P 500 and Nasdaq closed at record highs. South Korea’s Kospi sank early Thursday after North Korea launched two short range missiles into the sea. (AP Photo/Ahn Young-joon)
July 25, 2019 - 8:26 am
BANGKOK (AP) — World stocks turned higher Tuesday after the European Central Bank signaled it could cut interest rates or provide other forms of monetary stimulus to help the economy. The ECB, which sets interest rates for the 19 countries that use the euro, hinted it could cut rates in coming...
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A window cleaner waves as he takes a break from repelling down the side of a high-rise building in Istanbul, Monday, July 15, 2019. (AP Photo/Lefteris Pitarakis)
July 25, 2019 - 7:19 am
ANKARA, Turkey (AP) — Turkey's central bank has slashed the key interest deeply, by 4.25 percentage points, in a first monetary policy meeting under its new governor. The interest rate was cut Thursday to 19.75% from 24%. President Recep Tayyip Erdogan dismissed the previous governor, Murat...
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FILE - In this Wednesday, June 19, 2019, file photo, a cargo ship is docked at the Port of Los Angeles, in Los Angeles. The International Monetary Fund is downgrading its outlook for the world economy because of simmering international trade tensions. But at the same time, the fund is slightly boosting its forecast for U.S. economy in 2019, citing expectations that the Federal Reserve will cut interest rates. (AP Photo/Marcio Jose Sanchez, File)
July 23, 2019 - 10:56 am
WASHINGTON (AP) — The International Monetary Fund is downgrading its outlook for the world economy because of simmering international trade tensions. But at the same time, the fund is boosting its forecast for U.S. economy this year, citing expectations that the Federal Reserve will cut interest...
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