Central banking

People stand near an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo Tuesday, Sept. 10, 2019. Asian shares were mixed Tuesday after a day of listless trading on Wall Street, as investors awaited signs on global interest rates.(AP Photo/Eugene Hoshiko)
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September 10, 2019 - 4:29 am
TOKYO (AP) — Global shares were mixed Tuesday after a day of listless trading on Wall Street, as investors awaited signs on global interest rates. France's CAC 40 slipped 0.3% to 5,569.68 in early trading, while Germany's DAX fell 0.3% to 12,193.09. Britain's FTSE 100 inched down 0.1% to 7,228.18...
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FILE - In this Sept. 4, 2019, file photo trader Michael Milano works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Monday, Sept. 9. (AP Photo/Richard Drew, File)
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September 09, 2019 - 11:37 pm
TOKYO (AP) — Asian shares were mixed Tuesday after a day of listless trading on Wall Street, as investors awaited signs on global interest rates. Japan's benchmark Nikkei 225 added 0.2% to 21,360.15 in morning trading. Australia's S&P/ASX 200 fell 0.5% to 6,618.20, while South Korea's Kospi...
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A currency trader walks by the screen showing the Korea Composite Stock Price Index (KOSPI) at the foreign exchange dealing room in Seoul, South Korea, Monday, Sept. 9, 2019. (AP Photo/Lee Jin-man)
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September 09, 2019 - 8:10 am
TOKYO (AP) — Global stocks mostly rose Monday as investors digested economic data and hoped for central banks to step in to nudge up growth. Germany's DAX was up 0.3% to 12,224, while France's CAC 40 fell 0.2% to 5,595 and Britain's FTSE 100 shed 0.6% to 7,238. U.S. shares were set to drift higher...
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FILE - In this July 31, 2019, file photo Federal Reserve Chairman Jerome Powell speaks during a news conference following a two-day Federal Open Market Committee meeting in Washington. Federal Reserve Chairman Jerome Powell said Friday, Sept. 6, 2019 that the Fed is not expecting a U.S. or global recession. But it is monitoring a number of uncertainties, including trade conflicts, and will "act as appropriate to sustain the expansion."(AP Photo/Manuel Balce Ceneta, File)
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September 06, 2019 - 5:43 pm
WASHINGTON (AP) — Federal Reserve Chairman Jerome Powell said Friday that the Fed is not expecting a U.S. or global recession. But it is monitoring a number of uncertainties, including trade conflicts, and will "act as appropriate to sustain the expansion." Powell gave an upbeat view of the U.S...
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Incoming President of the European Central Bank Christine Lagarde speaks to the European Parliament's Economic and Monetary Affairs Committee in Brussels, Wednesday, Sept. 4, 2019. (AP Photo/Francisco Seco)
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September 04, 2019 - 12:28 pm
FRANKFURT, Germany (AP) — Incoming European Central Bank head Christine Lagarde is defending the bank's record low rates and other stimulus measures as she prepares to take over with the economy facing trouble from trade wars and Brexit. During hearings in the European parliament, Lagarde said...
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In this June 14, 2019, photo a pair of shoppers, center, in the Levi's store in New York's Times Square, survey a T-shirt display. On Friday, Aug. 30, the Commerce Department issues its July report on consumer spending, which accounts for roughly 70 percent of U.S. economic activity. (AP Photo/Richard Drew)
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August 30, 2019 - 10:46 am
WASHINGTON (AP) — U.S. consumer spending grew 0.6% in July, a healthy gain that suggests American shoppers are largely ignoring concerns about trade tensions and driving the economy forward. The Commerce Department said Friday that personal incomes rose just 0.1%, the smallest gain in 10 months...
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Two people steer their paddle boards over the river Main with the buildings of the banking district in background in Frankfurt, Germany, late Tuesday, Aug. 27, 2019. (AP Photo/Michael Probst)
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August 30, 2019 - 5:34 am
BRUSSELS (AP) — Inflation in the 19-country eurozone was stuck at a low annual rate of 1% in August, potentially bolstering the argument for the European Central Bank to provide more stimulus to the economy when it meets next month. Statistics agency Eurostat said Friday that the inflation rate was...
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President Donald Trump and first lady Melania Trump arrive at Andrews Air Force Base, Md., Tuesday, Aug. 27, 2019, for a short trip to the White House after returning from the G-7 Summit in Biarritz, France (AP Photo/Andrew Harnik)
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August 27, 2019 - 5:43 pm
WASHINGTON (AP) — President Donald Trump, who last week suggested Fed Chairman Jerome Powell could be an enemy, is now saying that the central bank "loves" the troubles U.S. manufacturers are facing. The president's tweet Tuesday appears to be his latest effort pressure the central bank to lower...
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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, Monday, Aug. 26, 2019. Asian shares tumbled Monday after the latest escalation in the U.S.-China trade war renewed uncertainties about global economies, as well as questions over what U.S. President Donald Trump might say next. (AP Photo/Ahn Young-joon)
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August 26, 2019 - 7:39 am
TOKYO (AP) — Stock markets turned higher Monday after U.S. President Donald Trump claimed China was willing to reopen talks on the trade war that has been raging between the two countries and has wilted global economic growth. Uncertainty remained high, however, about the next developments in the...
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FILE - In this Aug. 6, 2019, file photo, a man walks by a money exchange shop decorated with Chinese yuan banknotes and other countries currency banknotes at Central, a business district in Hong Kong. China allowed its yuan to sink to an 11-year low against the dollar after U.S. President Donald Trump threatened to block American companies from doing business with this country. The yuan declined Monday, Aug. 26, 2019 to 7.1468 to the dollar, its weakest rate since January 2008. (AP Photo/Kin Cheung, File)
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August 26, 2019 - 5:23 am
BEIJING (AP) — China allowed its yuan to sink Monday and U.S. President Donald Trump said the two sides will talk "very seriously" about their war over trade and technology following tit-for-tat tariff hikes and Trump's threat to order American companies to stop doing business with China. The...
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