FILE- In this April 6, 2018, file photo, federal Reserve Chairman Jerome Powell listens as he tours mHUB during a visit in Chicago. Investors are eagerly awaiting the updated economic forecasts the Fed will issue when its meeting ends Wednesday, June 13. (AP Photo/Charles Rex Arbogast, File)
June 11, 2018 - 12:22 pm
WASHINGTON (AP) — Another interest rate increase is all but certain when the Federal Reserve meets this week. What's not so sure is whether the vigorous U.S. economy will lead the Fed to accelerate its rate hikes in the months ahead — a move that could raise the risk of a recession. When it last...
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June 10, 2018 - 11:54 am
CAIRO (AP) — Egypt's official statistics agency says the inflation rate has increased to 13.2 percent in May, ahead of a possible new round of price hikes as part of austerity measures designed to overhaul the country's economy. The figures, announced Sunday by the Central Agency for Mobilization...
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FILE - In this May 10, 2018 file photo, International Monetary Fund (IMF) Managing Director Christine Lagarde, right, meets with Argentina's Treasury Minister Nicolas Dujovne, at the IMF in Washington. Argentina and the IMF have agreed on a $50 billion stand-by deal aimed at strengthening the South American country's economy, announced on Thursday, June 7, 2018. (AP Photo/Jacquelyn Martin, File)
June 07, 2018 - 8:24 pm
WASHINGTON (AP) — Argentina and the International Monetary Fund agreed Thursday on a three-year $50 billion stand-by financing deal aimed at strengthening the South American country's economy and helping it fight inflation. The IMF said the staff-level agreement will be subject to approval by the...
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June 06, 2018 - 7:57 am
NEW DELHI (AP) — India's central bank raised its benchmark lending rate Wednesday to tamp down rising inflation following an increase in oil prices. The increase of one-quarter percentage point to 6.25 percent is the first since January 2014 and comes at a time when consumer inflation is at a four-...
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FILE- In this May 7, 2018, file photo, a long line of 2018 and 2019 Cooper Countryman models sits at a Mini Cooper dealership in Highlands Ranch, Colo. On Thursday, May 31, the Commerce Department issues its April report on consumer spending, which accounts for roughly 70 percent of U.S. economic activity. (AP Photo/David Zalubowski, File)
May 31, 2018 - 1:35 pm
WASHINGTON (AP) — Americans boosted their spending by 0.6 percent in April, the biggest increase in five months and a strong indication that the economy is reviving after a winter slowdown. The Commerce Department said Thursday that last month's increase in consumer spending was the largest...
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FILE- In this April 6, 2018, file photo, Federal Reserve Chairman Jerome Powell listens as he tours mHUB during a visit to Chicago. Powell said the Fed’s independence from political pressure plays a key role in enabling the central bank to fight inflation, stabilize the economy, and regulate the financial system. His remarks Friday, May 25 come after Kevin Warsh, a former Fed official who President Donald Trump interviewed for the chairman post, said in an interview with Politico that Trump did not appear to view the Fed as an independent body. (AP Photo/Charles Rex Arbogast, File)
May 25, 2018 - 11:27 am
Federal Reserve Chairman Jerome Powell warned Friday that the Fed's independence from political pressure must be respected if it is to succeed in controlling inflation, maximizing employment and regulating the financial system. His remarks Friday came after Kevin Warsh, a former Fed official who...
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Bank of England Governor Mark Carney delivers a speech, during the Bank of England Markets Forum 2018, at Bloomberg, in central London, Thursday May 24, 2018. (Victoria Jones/Pool Photo via AP)
May 25, 2018 - 5:23 am
LONDON (AP) — A day after the Bank of England's governor warned about the damaging consequences of a "disorderly" Brexit, official figures Friday confirmed that the British economy barely grew in the first three months of the year. The Office for National Statistics said the economy expanded by a...
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Mark Carney, gobernador del Banco de Inglaterra, da un mensaje a la prensa en Londres el jueves 10 de mayo de 2018. (AP Foto/Frank Augstein, pool)
May 23, 2018 - 5:24 am
LONDON (AP) — Inflation in Britain eased closer to the Bank of England's target during April, a surprise decline that prompted a sharp fall in the pound as traders reined in expectations of another interest rate hike this year. The Office for National Statistics said Wednesday that consumer prices...
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