Central bank interest rates

President of European Central Bank Mario Draghi speaks during a news conference after a meeting of the ECB governing council in Frankfurt, Germany, Thursday, July 26, 2018. (AP Photo/Michael Probst)
July 26, 2018 - 9:41 am
FRANKFURT, Germany (AP) — The European Central Bank is stressing that interest rates will stay low well into next year even as the U.S. Federal Reserve is expected to keep raising rates in coming months. The central bank for the 19 countries that use the euro left its key rates and monetary...
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U.S. Treasury Secretary Steven Mnuchin speaks during a press gaggle with reporters in Buenos Aires, Argentina, Saturday, July 21, 2018. Mnuchin said Saturday that Donald Trump was not trying to put pressure on the Federal Reserve when he criticized its decision to raise interest rates. (AP Photo/Victor R. Caivano)
July 21, 2018 - 2:25 pm
BUENOS AIRES, Argentina (AP) — U.S. Treasury Secretary Steven Mnuchin said Saturday that Donald Trump was not trying to put pressure on the Federal Reserve when he criticized its decision to raise interest rates. Speaking to reporters on the sidelines of a Group of 20 meeting in Buenos Aires,...
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Federal Reserve Board Chair Jerome Powell testifies during a House Committee on Financial Services hearing, Wednesday, July 18, 2018, on Capitol Hill in Washington. (AP Photo/Jacquelyn Martin)
July 20, 2018 - 2:00 am
WASHINGTON (AP) — President Donald Trump on Thursday cast aside concerns about the Federal Reserve's independence, saying he was "not happy" with the Fed's recent interest rate increases. Trump told CNBC in an interview: "I don't like all of this work that we're putting into the economy and then I...
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Federal Reserve Board Chair Jerome Powell testifies before the Senate Committee on Banking, Housing, and Urban Affairs on 'The Semiannual Monetary Policy Report to the Congress', at Capitol Hill in Washington on Tuesday, July 17, 2018. (AP Photo/Jose Luis Magana)
July 17, 2018 - 4:22 pm
WASHINGTON (AP) — Federal Reserve Chairman Jerome Powell told lawmakers Tuesday that strong economic growth will keep the central bank on a path to gradually raise interest rates. But he noted that President Donald Trump's get-tough trade policies run the risk of dampening future growth if they...
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A man walks by an electronic stock board of a securities firm in Tokyo, Tuesday, July 17, 2018. Asian markets fell on Tuesday as mounting tensions over U.S. tariffs overshadowed data suggesting global growth was still on track. (AP Photo/Koji Sasahara)
July 17, 2018 - 7:43 am
SINGAPORE (AP) — World markets turned lower on Tuesday as investors looked ahead to Federal Reserve Chairman Jerome Powell's testimony to Congress for clues on U.S. interest rates. KEEPING SCORE: Germany's DAX shed 0.2 percent to 12,537 and the CAC 40 in France was down 0.4 percent at 5,3889. The...
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FILE- In this June 13, 2018, file photo, Federal Reserve Chair Jerome Powell speaks to the media after the Federal Open Market Committee meeting in Washington. The Federal Reserve says it expects low unemployment and rising inflation will keep it on track to raise interest rates at a gradual pace over the next two years. By late 2019, the Fed says its key policy rate should be at a level that will be slightly restrictive for growth. (AP Photo/Jacquelyn Martin, File)
July 13, 2018 - 6:44 pm
WASHINGTON (AP) — The Federal Reserve said Friday it expects low unemployment and rising inflation will keep it on track to raise interest rates at a gradual pace over the next two years. By late 2019, the Fed says its key policy rate should be at a level that will be slightly restrictive for...
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July 13, 2018 - 11:03 am
WASHINGTON (AP) — The Federal Reserve says it expects low unemployment and rising inflation will keep it on track to raise interest rates at a gradual pace over the next two years. By late 2019, the Fed says its key policy rate should be at a level that will be slightly restrictive for growth. The...
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FILE - In this Wednesday, June 13, 2018, file photo, Federal Reserve Chair Jerome Powell arrives to a news conference after the Federal Open Market Committee meeting, in Washington. Powell says the economy is in a "good place" at the moment with low unemployment and inflation rising toward the Fed's optimal range. But he says rising trade tensions and higher tariffs could end up being a drag on growth. (AP Photo/Jacquelyn Martin, File)
July 12, 2018 - 5:56 pm
WASHINGTON (AP) — Federal Reserve Chairman Jerome Powell said Thursday that the economy is in a "good place" at the moment with low unemployment and inflation rising toward the Fed's optimal range. But he says rising trade tensions and higher tariffs could end up being a drag on growth. In an...
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FILE- In this June 14, 2018, file photo, Federal Reserve Board Chairman Jerome Powell chairs an open meeting in Washington. On Thursday, July 5, the Federal Reserve releases minutes from its June meeting when raised its benchmark interest rate for the second time this year. (AP Photo/Cliff Owen, File)
July 05, 2018 - 4:42 pm
WASHINGTON (AP) — Federal Reserve officials last month said they expect to keep raising interest rates and suggested that by next year, they could be high enough that they could start slowing growth, according to minutes of their discussion released Thursday. While highlighting a strong economy,...
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FILE- In this June 13, 2018, file photo Federal Reserve Chair Jerome Powell speaks to the media after the Federal Open Market Committee meeting in Washington. Powell is expected to speak about the job market at a European Central Bank conference in Portugal on Wednesday, June 20. (AP Photo/Jacquelyn Martin, File)
June 20, 2018 - 9:54 am
WASHINGTON (AP) — Federal Reserve Chairman Jerome Powell says the Fed will likely keep raising short-term interest rates at a gradual pace, partly because there are few signs, so far, that the ultra-low U.S. unemployment rate is pushing up inflation. In a speech in Portugal, Powell said Wednesday...
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