Monetary policy

Federal Reserve Board Chair Jerome Powell testifies on the economic outlook, on Capitol Hill in Washington, Wednesday, Nov. 13, 2019. (AP Photo/Jose Luis Magana)
November 13, 2019 - 3:26 pm
WASHINGTON (AP) — Federal Reserve Chairman Jerome Powell said Wednesday that the Fed is likely to keep its benchmark short-term interest rate unchanged in the coming months, unless the economy shows signs of worsening. But for now, in testimony before a congressional panel, Powell expressed...
Read More
Trader Stephen Gilmartin, right, works with specialist Dilip Patel on the floor of the New York Stock Exchange, Wednesday, Nov. 13, 2019. Stocks are opening slightly lower on Wall Street led by declines in banks and industrial companies. (AP Photo/Richard Drew)
November 13, 2019 - 11:22 am
Major U.S. stock indexes edged higher in midday trading Wednesday after the chairman of the Federal Reserve told lawmakers that the central bank is likely to hold off on another interest rate cut, unless the economy shows signs of worsening. Fed Chairman Jerome Powell also expressed optimism about...
Read More
Federal Reserve Chairman Jerome Powell speaks during a news conference in Washington, Wednesday, Oct. 30, 2019. The Federal Reserve cut rates for the third time this year. (AP Photo/Susan Walsh)
November 13, 2019 - 10:47 am
WASHINGTON (AP) — The Latest on Federal Reserve Chairman Jerome Powell’s testimony before the Joint Economic Committee about the outlook for the U.S. economy (all times local): 11:45 a.m. Federal Reserve Chairman Jerome Powell says that the unemployment rate, already near a 50-year low, could drop...
Read More
FILE - In this Nov. 7, 2019, file photo specialist Gregg Maloney, left, and trader David O'Day work on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EST on Monday, Nov 11. (AP Photo/Richard Drew, File)
November 11, 2019 - 3:51 pm
NEW YORK (AP) — U.S. stocks mostly fell on Monday as uncertainty continues to hang over U.S.-China trade talks, or at least over investors' perception of them. The stock market has been rallying for five weeks in part on optimism that the United States and China are nearing a stopgap deal to calm...
Read More
A pro-Brexit supporter demonstrates with anti-Brexit protesters behind him outside the Houses of Parliament on the final day of the lawmakers sitting before the start of the general election campaign in London, Tuesday, Nov. 5, 2019. Britain goes to the polls on Dec. 12. (AP Photo/Alastair Grant)
November 07, 2019 - 6:44 am
LONDON (AP) — The Bank of England warned Thursday that the British economy will grow by less than it had predicted just three months ago as it kept its main interest rate on hold at 0.75%. The central bank appears to be waiting for more clarity over Britain's departure from the European Union,...
Read More
FILE - In this Oct. 30, 2019, file photo trader Sal Suarino works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EST on Wednesday, Nov 6. (AP Photo/Richard Drew, File)
November 06, 2019 - 3:31 pm
NEW YORK (AP) — A meandering day of trading left U.S. stock indexes close to their record highs on Wednesday, as strong gains for health care companies jousted with sharp drops in energy stocks. The market took a decisive turn lower in the middle of the day after a report from Reuters said the...
Read More
FILE - In this Oct. 30, 2019, file photo trader Phyllis Arena Woods works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EST on Tuesday, Nov 5. (AP Photo/Richard Drew, File)
November 05, 2019 - 4:31 pm
NEW YORK (AP) — It's the market that continues mostly upward, even though there's still plenty to worry about. The Dow Jones Industrial Average and the Nasdaq closed at record highs yet again on Tuesday, and the S&P 500 closed barely below the all-time high it reached a day earlier. The gains...
Read More
FILE - In this Oct. 4, 2019, file photo Federal Reserve Chairman Jerome Powell listens to feedback during a panel at the Federal Reserve Board Building in Washington. The Fed concludes its two-day meeting Wednesday, Oct. 30. (AP Photo/Jacquelyn Martin, File)
October 30, 2019 - 1:51 pm
WASHINGTON (AP) — The Latest on the Federal Reserve's monetary policy meeting (all times local): 2:45 p.m. Federal Reserve Chairman Jerome Powell has signaled that the U.S. central bank will likely forgo any future cuts to its benchmark rates, so long as economic growth and inflation matched the...
Read More
A television screen on the floor of the New York Stock Exchange shows the rate decision of the Federal Reserve, Wednesday, Oct. 30, 2019. The Federal Reserve has cut its benchmark interest rate for the third time this year to try to sustain the economic expansion in the face of global threats. (AP Photo/Richard Drew)
Associated Press
October 30, 2019 - 1:49 pm
WASHINGTON (AP) — The Federal Reserve cut its benchmark interest rate Wednesday for the third time this year to try to sustain the economic expansion in the face of global threats. But it indicated that it won't cut again in the coming months unless the economic outlook worsens. The Fed's move...
Read More
Specialists James Denaro and Erica Fredrickson work on the floor of the New York Stock Exchange, Wednesday, Oct. 30, 2019. Stocks are slipping in early trading on Wall Street as traders hold back ahead of an interest rate announcement from the Federal Reserve. (AP Photo/Richard Drew)
October 30, 2019 - 11:19 am
NEW YORK (AP) — Stocks fell in midday trading Wednesday as investors held back ahead of an anticipated decision by the Federal Reserve to cut interest rates. The central bank has been using its power to cut short-term interest rates as a way to shore up the economy amid the costly impact from the U...
Read More

Pages