Monetary policy

FILE - This Feb. 5, 2018, file photo shows the seal of the Board of Governors of the United States Federal Reserve System at the Marriner S. Eccles Federal Reserve Board Building in Washington. On Thursday, Jan. 16, 2020, President Donald Trump announced he has nominated Judy Shelton and Christopher Waller to serve on the Federal Reserve's influential Board of Governors. Shelton is an economic adviser to Trump's campaign who recently served as the U.S. executive director for the European Bank of Reconstruction and Development. Waller is the director of research at the Federal Reserve Bank of St. Louis. (AP Photo/Andrew Harnik, File)
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January 16, 2020 - 8:38 pm
WASHINGTON (AP) — President Donald Trump said Thursday that he intends to nominate two people to serve on the Federal Reserve's Board of Governors, an institution he has repeatedly attacked for not cutting rates deeply enough. Both were first named by Trump on Twitter in July but their nominations...
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FILE - In this Tuesday, May 14, 2019, file photo, containers are piled up at a port in Qingdao in east China's Shandong province. China’s exports rose 0.5% in 2019 despite a tariff war with Washington after growth rebounded in December on stronger demand from other markets. Exports to the United States fell 12.5% compared with 2018 after a 14.5% contraction in December, customs data showed Tuesday, Jan. 14, 2020. (Chinatopix via AP, File)
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January 14, 2020 - 6:22 am
BEIJING (AP) — China on Tuesday welcomed a U.S. decision ahead of the signing of a trade deal with Beijing to drop it from a list of governments accused of manipulating the value of their currencies to gain an unfair advantage in trade. Just two days ahead of the planned signing of the interim...
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FILE - In this April 25, 2018, file photo, attendees visit the Ford booth during Auto China 2018 show held in Beijing, China. China’s government says it will postpone planned punitive tariffs on U.S.-made automobiles and other goods following an interim trade deal with Washington. Sunday, Dec. 15, 2019’s announcement came after Washington agreed to postpone a planned tariff hike on $160 billion of Chinese goods and to cut in half penalties that already were imposed. (AP Photo/Ng Han Guan, File)
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January 13, 2020 - 6:00 pm
WASHINGTON (AP) — The Trump administration is dropping its designation of China as a currency manipulator in advance of the signing Wednesday of a Phase 1 U.S.-China trade agreement. The preliminary pact that the two sides are set to sign this week includes a section that's intended to prevent...
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FILE - In this Aug. 14, 2019, file photo former Fed Chair Janet Yellen speaks with FOX Business Network guest anchor Jon Hilsenrath in the Fox Washington bureau in Washington. In her first year as Federal Reserve chair, Yellen presided over a policy panel divided over the issue of how much longer the central bank could afford to keep its benchmark interest rate at a record low, and how to prepare financial markets for the start of rate hikes. (AP Photo/Andrew Harnik, File)
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January 10, 2020 - 4:06 pm
WASHINGTON (AP) — In her first year as Federal Reserve chair, Janet Yellen presided over a policy panel divided over the issue of how much longer the central bank could afford to keep its benchmark interest rate at a record low, and how to prepare financial markets for the start of rate hikes...
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January 09, 2020 - 1:24 pm
WASHINGTON (AP) — A top Federal Reserve official believes that the U.S. central bank needs to re-orient its thinking and policies toward fighting inflation that is too low, rather than its historic focus on keeping inflation from getting too high. John Williams, president of the New York Federal...
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FILE - In this Sept. 18, 2019, file photo, stock prices are displayed at the New York Stock Exchange. Funds of all types made money through 2019, from risky ones full of stocks from developing economies to stodgy funds holding only super-safe Treasury bonds. (AP Photo/Mark Lennihan, File)
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January 02, 2020 - 1:00 pm
NEW YORK (AP) — Break out the Spice Girls CDs. That was one of the best years in decades for funds. Funds of all types made money through 2019, from risky ones full of stocks from developing economies to stodgy funds holding only super-safe Treasury bonds. Someone who came into 2019 with their...
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A man looks at an electronic stock board of a securities firm in Tokyo, Monday, Dec. 30, 2019. Asian shares were mostly lower Monday as investors awaited updates on the signing of a trade deal between the U.S. and China and kept a wary eye on North Korea. (AP Photo/Koji Sasahara)
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December 30, 2019 - 8:57 am
TOKYO (AP) — Global shares were mixed Monday as Chinese benchmarks surged on expectations of lower financing costs following a policy decision by the country's central bank. Investors were awaiting updates on the signing of a trade deal between the U.S. and China and keeping a wary eye on North...
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FILE - In this Nov. 14, 2019, file photo a pair of specialists work on the floor of the New York Stock Exchange. Investments around the world were all winners in 2019 as central banks unleashed more stimulus to bolster the global economy against the damage created by President Donald Trump’s trade war. (AP Photo/Richard Drew, File)
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December 26, 2019 - 4:57 pm
NEW YORK (AP) — On January 3, the S&P 500 sank 2.5% when Apple warned of sagging demand for the iPhone, an inauspicious start to 2019 following a 14% drubbing in last year's fourth quarter. On January 4, Federal Reserve Chairman Jay Powell said the central bank would be "patient" with its...
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FILE - In this Oct. 28, 2019, file photo a Matson container ship passes the Golden Gate Bridge in Sausalito, Calif. On Friday, Dec. 20, the Commerce Department issues the third estimate of how the U.S. economy performed in the July-September quarter. (AP Photo/Eric Risberg, File)
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December 20, 2019 - 3:03 pm
WASHINGTON (AP) — The U.S. economy, which only recently was flashing warning signs of a worrisome slowdown, is finishing the year in stronger shape, thanks to a resilient consumer, a healthy job market and interest rate cuts by the Federal Reserve. The Commerce Department said Friday that the gross...
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FILE - In this Nov. 4, 2019, file photo trader Peter Tuchman, center, works on the floor of the New York Stock Exchange. Markets are coming off a fabulous 2019, where stocks, bonds and other investments climbed in concert. But for the next year, and decade, in fact, Wall Street is telling investors to set their expectations considerably lower. (AP Photo/Richard Drew, File)
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December 19, 2019 - 11:05 am
NEW YORK (AP) — After a year of nirvana, investors may need to get ready for something a little more normal. Markets are coming off a fabulous 2019, where stocks and bonds around the world climbed in concert. But for the next year — and decade, in fact — Wall Street is telling investors to set...
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