Central bank interest rates

FILE- In this April 6, 2018, file photo, Federal Reserve Chairman Jerome Powell listens as he tours mHUB during a visit to Chicago. The Federal Reserve releases minutes from its most recent policymakers’ meeting on Wednesday, May 23. (AP Photo/Charles Rex Arbogast, File)
May 23, 2018 - 5:02 pm
WASHINGTON (AP) — Federal Reserve officials earlier this month suggested that another rate hike was on the way soon, while also noting several risks facing the economy, ranging from rising wage pressures to potential harm from the Trump administration's trade policies. The minutes of the Fed's May...
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An employee of a currency exchange shop uses his mobile outside the shop in a market in Istanbul, Wednesday, May 23, 2018. Turkey's currency has fallen to a record low against the dollar amid concerns about an outflow of investor capital and the country's ability to manage the situation. (AP Photo/Lefteris Pitarakis)
May 23, 2018 - 3:20 pm
ANKARA, Turkey (AP) — Under pressure to act, Turkey's central bank sharply raised its key lending rate Wednesday to try to stem an outflow of capital from the country, control inflation and support the beleaguered currency. The Turkish lira regained some of its value after the bank's monetary...
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Turkey's president Recep Tayyip Erdogan delivers his speech in Sarajevo, Bosnia, on Sunday, May 20, 2018. Turkey's president Recep Tayyip Erdogan arrived in the Bosnian capital to address supporters living in Europe, ahead of snap elections in his country. Turkey will vote on June 24, more than a year earlier than scheduled, in parliamentary and presidential elections, ushering in a new system of governance. (AP Photo/Amel Emric)
May 23, 2018 - 5:45 am
ANKARA, Turkey (AP) — Turkey's currency, the lira, has fallen to a record low against the dollar amid concerns about an outflow of investor capital and the country's ability to manage the situation. The lira dropped to over 4.80 per dollar on Wednesday, down some 5 percent since Tuesday. The...
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A woman rides a bicycle past an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo Friday, May 11, 2018. Asian stock markets rallied on Friday, tracing gains on Wall Street after weaker than expected inflation figures soothed concerns about a possible acceleration of interest rate hikes. Oil prices were hovering at a fresh multiyear high. (AP Photo/Eugene Hoshiko)
May 11, 2018 - 5:34 am
HONG KONG (AP) — Most Asian stock indexes rallied Friday, tracing gains on Wall Street after weaker than expected inflation figures soothed concerns about a possible acceleration of interest rate hikes. European stocks faltered ahead of a speech by the European Central Bank chief. KEEPING SCORE:...
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A woman rides a bicycle past an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo Friday, May 11, 2018. Asian stock markets rallied on Friday, tracing gains on Wall Street after weaker than expected inflation figures soothed concerns about a possible acceleration of interest rate hikes. Oil prices were hovering at a fresh multiyear high. (AP Photo/Eugene Hoshiko)
May 11, 2018 - 2:38 am
HONG KONG (AP) — Asian stock markets rallied on Friday, tracing gains on Wall Street after weaker than expected inflation figures soothed concerns about a possible acceleration of interest rate hikes. Oil prices were hovering near a fresh multiyear high. KEEPING SCORE: Japan's benchmark Nikkei 225...
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This May 3, 2017 file photo shows bananas for sale at a Whole Foods Market in Upper Saint Clair, Pa. U.S. wholesale prices edged up just 0.1 percent in April 2018 held down by a big drop in food costs. It was the smallest gain in four months. The April increase in the Labor Department’s producer price index, which measures inflation pressures before they reach consumers, followed a 0.3 percent rise in March, the government reported Wednesday, May 9. (AP Photo/Gene J. Puskar)
May 10, 2018 - 11:34 am
WASHINGTON (AP) — American drivers paid more for gas, but overall consumer prices rose only modestly in April, a sign that inflation remains mild. The modest pace of consumer inflation may send a reassuring signal to the Federal Reserve, which is considering how quickly to raise interest rates this...
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Mark Carney, Governor of the Bank of England, addresses the media during the quarterly Inflation Report press conference in London, Thursday, May 10, 2018. Carney said the Bank of England has pulled back from a predicted rate hike, blaming some weaker than expected growth and inflation data. (AP Photo/Frank Augstein, pool)
May 10, 2018 - 10:10 am
LONDON (AP) — Just weeks after hinting it would raise interest rates, the Bank of England held off doing so Thursday, arguing it was best to wait after an unexpected spell of wintry weather hurt economic growth. The bank's Monetary Policy Committee voted 7-2 to keep the main interest rate at 0.5...
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May 10, 2018 - 7:18 am
LONDON (AP) — The Bank of England decided Thursday to not raise interest rates again and cut its forecast for British economic growth this year, blaming the downgrade almost entirely on the cold and snowy weather that gripped the country in late-winter. Following a run of weak economic data, the...
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May 10, 2018 - 7:02 am
LONDON (AP) — The Bank of England has kept its main interest rate on hold as a run of soft economic data has made it more cautious about the outlook for Britain. The bank's rate-setting committee voted 7-2 on Thursday to keep the main rate unchanged at 0.5 percent, as widely expected in financial...
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FILE- In this March 21, 2018, file photo, Federal Reserve Chairman Jerome Powell speaks following the Federal Open Market Committee meeting in Washington. Moves by the Fed and other major central banks to raise interest rates after a long period of keeping them low should not be disruptive to the global economy, Federal Reserve Chairman Jerome Powell said Tuesday, May 8, 2018. (AP Photo/Carolyn Kaster, File)
May 08, 2018 - 3:59 am
WASHINGTON (AP) — Moves by the Fed and other major central banks to raise interest rates after a long period of keeping them low should not be disruptive to the global economy, Federal Reserve Chairman Jerome Powell said Tuesday. In remarks prepared for a financial conference in Zurich, Powell said...
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