Monetary policy

FILE- In this Sept. 26, 2018, file photo Federal Reserve Chairman Jerome Powell listens to a question during a news conference in Washington. The Federal Reserve is signaling potentially vulnerable spots in the financial system, citing U.S. businesses’ debt at the highest levels in more than two decades and risky debt growing. The Fed's report issued Wednesday, Nov. 28, was its first assessing the stability of the U.S. financial system. (AP Photo/Susan Walsh, File)
November 28, 2018 - 11:56 am
WASHINGTON (AP) — Federal Reserve Chairman Jerome Powell cast a bright picture of the U.S. economy Wednesday and appeared to suggest that the Fed might consider a pause in its interest rate hikes next year to assess the impact of its credit tightening. Powell's comments ignited a rally on Wall...
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FILE - In this Thursday, Oct. 25, 2018 file photo, the President of European Central Bank Mario Draghi waits for the beginning of a press conference following the meeting of the governing council in Frankfurt, Germany. Draghi warns that slowing world trade is proving to be a drag on the eurozone economy but says the current expansion remains “resilient” as consumers at home remain willing to spend and unemployment falls thanks to pro-business reforms. Draghi said in a speech Friday, Nov. 16, 2018 in Frankfurt that “there is certainly no reason why the expansion in the euro area should abruptly come to an end.” (AP Photo/Michael Probst, File)
November 16, 2018 - 4:39 am
FRANKFURT, Germany (AP) — The head of the European Central Bank indicated a first interest rate increase could be postponed if unexpected trouble strikes the 19 countries that use the euro as their currency. Mario Draghi warned in a speech Friday the current economic expansion remains "resilient"...
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FILE - In this Tuesday, Oct. 2, 2018, file photo, Federal Reserve Chairman Jerome Powell speaks at the annual meeting of the National Association for Business Economics, in Boston. Speaking Wednesday, Nov. 14, 2018, to an audience at the Federal Reserve Bank of Dallas, Powell said the U.S. economy is performing well but he's eyeing potential risks ahead. (AP Photo/Elise Amendola, File)
November 14, 2018 - 7:26 pm
WASHINGTON (AP) — Federal Reserve Chairman Jerome Powell said Wednesday that the U.S. economy is performing well but he's eyeing potential risks ahead. Those include a slowdown in global growth, the fading impact from tax cuts and the cumulative weight of the Fed's own interest rate hikes. Speaking...
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Traders Eric Schumacher, left, and Richard Deviccaro work on the floor of the New York Stock Exchange, Thursday, Nov. 8, 2018. Stocks are opening modestly lower on Wall Street as the market gives back some of its big gains from the day before. (AP Photo/Richard Drew)
November 08, 2018 - 9:35 pm
BEIJING (AP) — Asian stock markets fell Friday after a post-election Wall Street rally faded amid expectations of U.S. interest rate hikes despite the Federal Reserve's decision to hold off this week. KEEPING SCORE: The Shanghai Composite Index lost 0.8 percent to 2,614.37 and Tokyo's Nikkei 225...
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FILE- In this Oct. 31, 2018, file photo Federal Reserve Chair Jerome Powell, left, and Randal Quarles, vice chair for supervision, gather their things at the end of a Federal Reserve Board meeting at the Marriner S. Eccles Federal Reserve Board Building in Washington. On Thursday, Nov. 8, the Federal Reserve releases its latest monetary policy statement after a two-day meeting. (AP Photo/Jacquelyn Martin, File)
November 08, 2018 - 1:07 pm
WASHINGTON (AP) — The Federal Reserve has left its key policy rate unchanged but signaled that it plans to keep responding to the strong U.S. economy with more interest rate hikes. The next rate hike is expected in December. The Fed left its benchmark rate in a range of 2 percent to 2.25 percent. A...
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FILE- In this Oct. 31, 2018, file photo Federal Reserve Chair Jerome Powell, left, and Randal Quarles, vice chair for supervision, gather their things at the end of a Federal Reserve Board meeting at the Marriner S. Eccles Federal Reserve Board Building in Washington. On Thursday, Nov. 8, the Federal Reserve releases its latest monetary policy statement after a two-day meeting. (AP Photo/Jacquelyn Martin, File)
November 08, 2018 - 2:05 am
WASHINGTON (AP) — The Federal Reserve appears on track to raise interest rates once more this year but will likely hold off on any action when its latest policy meeting ends Thursday. Still, investors will be parsing the statement the Fed will issue after its meeting for any sign that it might be...
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Bank of England Governor Mark Carney attends the Bank of England's inflation report press conference in the City of London, Thursday Nov. 1, 2018. (Kirsty O'Connor/Pool via AP)
November 01, 2018 - 10:21 am
LONDON (AP) — The Bank of England warned Thursday that Britain could suffer an economic shock if it crashes out of the European Union without a deal, saying it could cause gridlock at ports and an inflation-rearing fall in the pound that could require an increase to interest rates. After the bank...
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FILE - In this Nov. 9, 2017, file photo, U.S. President Donald Trump, right, chats with Chinese President Xi Jinping during a welcome ceremony at the Great Hall of the People in Beijing. China said Friday, Oct. 12, 2018 it is in contact with the United States amid reports of a planned meeting between President Xi Jinping and President Donald Trump next month following a dive in the U.S. stock market blamed partly on a growing trade war between the world's two largest economies. (AP Photo/Andy Wong, File)
October 12, 2018 - 12:07 pm
BEIJING (AP) — With China and the United States opening the door to a meeting next month between Presidents Xi Jinping and Donald Trump, hopes are rising for a potential easing of tensions in the trade war between the world's two largest economies. Worries about the increased tariffs the two sides...
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Specialist John O'Hara works on the floor of the New York Stock Exchange, Thursday, Oct. 11, 2018. Stocks are slumping for a second straight day as the market endures its most volatile stretch since February. (AP Photo/Richard Drew)
October 11, 2018 - 4:28 pm
NEW YORK (AP) — U.S. stocks sank more than 2 percent Thursday, the second day of steep declines around the globe driven by concerns about rising interest rates and trade tensions that could slow economic growth. The Dow Jones Industrial Average fell 545 points after dropping 831 points Wednesday...
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President Donald Trump listens to a question during a signing ceremony for the "Save Our Seas Act of 2018" in the Oval Office of the White House, Thursday, Oct. 11, 2018, in Washington. (AP Photo/Evan Vucci)
October 11, 2018 - 3:05 pm
WASHINGTON (AP) — President Donald Trump on Thursday escalated his attack on the Federal Reserve's interest rate increases, asserting that "the Fed is out of control" and blaming it for this week's plunge in stock prices. "It's a correction that I think is caused by the Federal Reserve with...
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