Central bank interest rates

May 02, 2018 - 2:01 pm
WASHINGTON (AP) — The Federal Reserve is keeping its benchmark interest rate unchanged but says that inflation is climbing after years of being stuck below the Fed's target level. The Fed left its key short-term rate at 1.5 percent to 1.75 percent, the level it set in March after its sixth increase...
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FILE- In this April 4, 2018, file photo, shoppers walk past the Victoria's Secret store on Broadway in the Soho neighborhood of New York. On Monday, April 30, the Commerce Department issues its March report on consumer spending. (AP Photo/Mary Altaffer, File)
April 30, 2018 - 11:56 am
WASHINGTON (AP) — Americans boosted their spending by 0.4 percent in March, the best showing in three months. Meanwhile, a key gauge of inflation closely watched by the Federal Reserve rose at the fastest pace in more than a year. The March increase in consumer spending followed two months of very...
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FILE - This June 19, 2015, file photo shows the Marriner S. Eccles Federal Reserve Board Building in Washington. The central bank is meeting this week as its board is undergoing a makeover, with a raft of new appointees by President Donald Trump who appear generally supportive of the Fed’s cautious approach to rates since the Great Recession ended. (AP Photo/Andrew Harnik, File)
April 30, 2018 - 11:12 am
WASHINGTON (AP) — The Federal Reserve is all but sure to leave interest rates unchanged this week, though steady economic growth and inflation pressures will likely keep the Fed on a path toward further rate hikes later this year. The central bank is meeting as its board is undergoing a makeover,...
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FILE- In this April 4, 2018, file photo, shoppers walk past the Victoria's Secret store on Broadway in the Soho neighborhood of New York. On Monday, April 30, the Commerce Department issues its March report on consumer spending. (AP Photo/Mary Altaffer, File)
April 30, 2018 - 9:21 am
WASHINGTON (AP) — Americans boosted their spending by 0.4 percent in March, the best showing in three months. Meanwhile, a key gauge of inflation closely watched by the Federal Reserve rose at the fastest pace in more than a year. The March increase in consumer spending followed two months of very...
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FILE- In this April 4, 2018, file photo, shoppers walk past the Victoria's Secret store on Broadway in the Soho neighborhood of New York. On Monday, April 30, the Commerce Department issues its March report on consumer spending. (AP Photo/Mary Altaffer, File)
April 30, 2018 - 8:52 am
WASHINGTON (AP) — Americans boosted their spending by 0.4 percent in March, the best showing in three months. Meanwhile, a key gauge of inflation closely watched by the Federal Reserve rose at the fastest pace in more than a year. The March increase in consumer spending followed two months of very...
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FILE- In this Oct. 24, 2017, file photo, people pass the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Thursday, April 26, 2018. (AP Photo/Richard Drew, File)
April 26, 2018 - 4:39 pm
NEW YORK (AP) — U.S. stocks climbed Thursday as Facebook led a rally by technology companies. Most of the market moved higher as interest rates declined from the four-year highs reached over the last few days. Facebook saw its stock price wither last month after its data privacy scandal, but shares...
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President of the European Central Bank Mario Draghi arrives for a news conference in Frankfurt, Germany, Thursday, April 26, 2018. (AP Photo/Michael Probst)
April 26, 2018 - 11:02 am
FRANKFURT, Germany (AP) — The head of the European Central Bank says recent signs of weakening economic growth are grounds for caution but not worrisome enough yet to consider changing the bank's stimulus and interest rate policy. Mario Draghi said Thursday that recent data points to "some...
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April 26, 2018 - 8:42 am
FRANKFURT, Germany (AP) — The Latest on the European Central Bank's monetary policy meeting (all times local): 4:40 p.m. European Central Bank President Mario Draghi says recent data point to "some moderation" in economic growth in the 19-country eurozone. But he said the recent indicators are...
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FILE - In this Thursday, Dec. 14, 2017 file photo, President of the European Central Bank Mario Draghi speaks during a news conference in Frankfurt, Germany. Weaker signals from the economy and worries about a trade war between the United State and China mean the European Central Bank is in no hurry at all to start withdrawing its monetary stimulus efforts. And that means markets and consumers will have to live with central bank interest rates at zero and in some cases below for a good while yet. (AP Photo/Michael Probst, file)
April 26, 2018 - 7:56 am
FRANKFURT, Germany (AP) — The European Central Bank has left its key interest rates and stimulus settings unchanged as it sizes up conflicting signs about how well the economy is doing in the 19 countries that use the euro. Markets are waiting to hear bank President Mario Draghi's assessment at a...
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FILE - In this Thursday, Dec. 14, 2017 file photo, President of the European Central Bank Mario Draghi speaks during a news conference in Frankfurt, Germany. Weaker signals from the economy and worries about a trade war between the United State and China mean the European Central Bank is in no hurry at all to start withdrawing its monetary stimulus efforts. And that means markets and consumers will have to live with central bank interest rates at zero and in some cases below for a good while yet. (AP Photo/Michael Probst, file)
April 26, 2018 - 4:46 am
FRANKFURT, Germany (AP) — Investors are waiting to hear what the European Central Bank's president, Mario Draghi, makes of recent conflicting data about the region's economy, and whether the bank will extend its extraordinary monetary stimulus efforts beyond September. Draghi holds a news...
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