Central bank interest rates

February 07, 2020 - 11:37 am
WASHINGTON (AP) — The Federal Reserve believes that downside risks to the U.S. economy have lessened with the easing of trade tensions and better prospects for global growth but officials note a concern that possible spillovers from a deadly virus in China represent a new threat. In its semi-annual...
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February 07, 2020 - 11:07 am
WASHINGTON (AP) — The Federal Reserve believes that downside risks to the U.S. economy have lessened with the easing of trade tensions and better prospects for global growth but officials note a concern that possible spillovers from a deadly virus in China represent a new threat. In its semi-annual...
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European Central Bank President Christine Lagarde arrives to a monetary dialogue meeting at the European Parliament in Brussels, Thursday, Feb. 6, 2020. (AP Photo/Francisco Seco)
February 06, 2020 - 8:02 am
FRANKFURT, Germany (AP) — European Central Bank head Christine Lagarde has warned that the world's central banks have less room to stimulate the economy in case there's a recession. Lagarde said in an appearance Thursday before the European Parliament's economic and monetary affairs committee that...
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FILE - In this Jan. 29, 2020, file photo, a shopper walks in a street market aimed for Chinese tourists in Bangkok, Thailand. The outbreak of new virus centered on the Chinese city of Wuhan is giving global business chills. Thailand's central bank cut its benchmark interest rate to 1% from 1.25% on Wednesday to help the economy weather a series of setbacks, most lately the virus outbreak in China that has devastated its tourism sector. (AP Photo/Gemunu Amarasinghe, File)
February 06, 2020 - 3:51 am
BANGKOK (AP) — Central banks in the Philippines and Thailand have cut their benchmark interest rates as China's neighbors seek ways to soften the impact of measures to contain a virus outbreak that has killed more than 560 people. The Philippine central bank cut its main policy rate on Thursday by...
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FILE - In this Jan. 29, 2020, file photo, a shopper walks in a street market aimed for Chinese tourists in Bangkok, Thailand. The outbreak of new virus centered on the Chinese city of Wuhan is giving global business chills. Thailand's central bank cut its benchmark interest rate to 1% from 1.25% on Wednesday to help the economy weather a series of setbacks, most lately the virus outbreak in China that has devastated its tourism sector. (AP Photo/Gemunu Amarasinghe, File)
February 05, 2020 - 11:44 pm
BANGKOK (AP) — Thailand's central bank cut its benchmark interest rate and other Asian countries look set to follow suit as they seek ways to soften the impact of the outbreak of a virus in China that has killed more than 560 people. The Bank of Thailand cut the prime rate to a record low 1% from 1...
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FILE - In this Jan. 29, 2020, file photo, a shopper walks in a street market aimed for Chinese tourists in Bangkok, Thailand. The outbreak of new virus centered on the Chinese city of Wuhan is giving global business chills. Thailand's central bank cut its benchmark interest rate to 1% from 1.25% on Wednesday to help the economy weather a series of setbacks, most lately the virus outbreak in China that has devastated its tourism sector. (AP Photo/Gemunu Amarasinghe, File)
February 05, 2020 - 7:49 am
BANGKOK (AP) — Thailand's central bank cut its benchmark interest rate to an all-time low of 1% from 1.25% on Wednesday to help the economy weather a series of setbacks, most lately the virus outbreak in China that has devastated Thailand's tourism sector. Thailand is among many of China's...
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FILE - In this Jan. 9, 2020, file photo specialist David Haubner works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EST on Thursday, Jan. 30. (AP Photo/Richard Drew, File)
January 30, 2020 - 9:44 am
Stocks are opening moderately lower on Wall Street, following declines overseas, as more worries about the spread of a virus outbreak in China and some weak earnings results put investors in a mood to sell. UPS sank after swinging to a loss in its latest quarter, and tobacco company Altria dropped...
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A woman walks past a bank electronic board showing the Hong Kong share index at Hong Kong Stock Exchange Thursday, 30, 2020. Shares have fallen sharply in Asia on Thursday as concern over the impact of the virus outbreak in China deepens. (AP Photo/Vincent Yu)
January 30, 2020 - 3:40 am
Shares tumbled in Europe and Asia on Thursday as the impact of the virus outbreak in China expanded to include flight cancellations and other wider precautions to help stop its spread. Taiwan's benchmark dived 5.8% as its market reopened after the Lunar New Year. Shares fell in most other markets,...
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Federal Reserve Chair Jerome Powell speaks during a news conference following the Federal Open Market Committee meeting in Washington, Wednesday, Jan. 29, 2020. (AP Photo/Manuel Balce Ceneta)
January 29, 2020 - 6:04 pm
WASHINGTON (AP) — Just as the outlook for the global economy had been brightening in recent months, a new threat has suddenly emerged in the form of the viral outbreak in China. That was the cautionary message that Chairman Jerome Powell delivered Wednesday after the Federal Reserve held interest...
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FILE - In this Dec. 13, 2019, file photo trader Sal Suarino works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EST on Wednesday, Jan. 29, 2020. (AP Photo/Richard Drew, File)
January 29, 2020 - 4:14 pm
Stocks gave up early gains and ended mixed on Wall Street as strong showings by some tech companies were offset by losses elsewhere. Several companies including General Electric rose Wednesday after reporting solid earnings. Stocks lost momentum toward the end of the day as investors tuned in to a...
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