Economic growth

Federal Reserve Chair Jerome Powell removes his glasses as he listens to a question during a news conference after the Federal Open Market Committee meeting, Wednesday, Dec. 11, 2019, in Washington. The Federal Reserve is leaving its benchmark interest rate alone and signaling that it expects to keep low rates unchanged through next year. (AP Photo/Jacquelyn Martin)
December 11, 2019 - 6:23 pm
WASHINGTON (AP) — Chairman Jerome Powell made clear Wednesday that the Federal Reserve is prepared to keep its benchmark interest rate very low through at least next year — and possibly longer. Fueling that expectation is the growing belief of Fed officials that inflation will remain tame even as...
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Federal Reserve Chair Jerome Powell removes his glasses as he listens to a question during a news conference after the Federal Open Market Committee meeting, Wednesday, Dec. 11, 2019, in Washington. The Federal Reserve is leaving its benchmark interest rate alone and signaling that it expects to keep low rates unchanged through next year. (AP Photo/Jacquelyn Martin)
December 11, 2019 - 3:48 pm
WASHINGTON (AP) — The Federal Reserve left its benchmark interest rate alone Wednesday and signaled that it expects to keep low rates unchanged through next year. The Fed's decision follows three rate cuts earlier this year. It reflects its view that the U.S. economy has so far withstood the U.S.-...
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A car passes by people standing near an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo Wednesday, Dec. 11, 2019. (AP Photo/Eugene Hoshiko)
December 11, 2019 - 9:41 am
NEW YORK (AP) — Stocks are opening mixed on Wall Street following news reports that US President Donald Trump might delay a tariff hike on Chinese goods set to go into effect this weekend. The 16-month-old fight over Beijing's technology ambitions and trade surplus has disrupted global commerce and...
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A man walks past an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo Wednesday, Dec. 11, 2019. (AP Photo/Eugene Hoshiko)
December 11, 2019 - 7:48 am
BEIJING (AP) — Global markets were mixed Wednesday following reports that President Donald Trump's advisers were preparing for a possible delay in a weekend tariff hike on Chinese goods. Investors also had their eyes on central bank meetings in Europe and the U.S. The German index in Frankfurt rose...
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A man walks past an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo Wednesday, Dec. 11, 2019. (AP Photo/Eugene Hoshiko)
December 11, 2019 - 4:34 am
BEIJING (AP) — Global stock markets rose Wednesday following reports President Donald Trump's advisers were preparing for a possible delay in a weekend tariff hike on Chinese goods. London and Frankfurt rose in early trading while Shanghai and Hong Kong closed higher. Tokyo declined. Investors were...
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New President of European Central Bank Christine Lagarde, right, talks to European Central Bank Vice President Luis de Guindos during a Finance Ministers Eurogroup meeting at the European Council headquarters in Brussels, Friday, Nov. 8, 2019. (AP Photo/Francisco Seco)
December 10, 2019 - 11:47 am
FRANKFURT, Germany (AP) — Mario Draghi took over as head of the European Central Bank eight years ago amid market speculation that the euro currency union might break up. Christine Lagarde succeeds him with more breathing room - but facing serious challenges from a weak economy, policy differences...
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New President of European Central Bank Christine Lagarde, right, talks to European Central Bank Vice President Luis de Guindos during a Finance Ministers Eurogroup meeting at the European Council headquarters in Brussels, Friday, Nov. 8, 2019. (AP Photo/Francisco Seco)
December 10, 2019 - 11:22 am
FRANKFURT, Germany (AP) — Mario Draghi took over as head of the European Central Bank eight years ago amid market speculation that the euro currency union might break up. Christine Lagarde succeeds him with more breathing room - but facing serious challenges from a weak economy, policy differences...
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New President of European Central Bank Christine Lagarde, right, talks to European Central Bank Vice President Luis de Guindos during a Finance Ministers Eurogroup meeting at the European Council headquarters in Brussels, Friday, Nov. 8, 2019. (AP Photo/Francisco Seco)
December 10, 2019 - 9:13 am
FRANKFURT, Germany (AP) — Mario Draghi took over as head of the European Central Bank eight years ago amid market speculation that the euro currency union might break up. Christine Lagarde succeeds him with a little more breathing room - but facing serious challenges from a weak economy, policy...
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FILE - In this Nov. 25, 2019, file photo Federal Reserve Board Chair Jerome Powell, center, steps off a bus and greets people during tour of East Hartford, Conn. On Wednesday, Dec. 11, the Federal Reserve issues a statement and economic projections, followed by a news conference with Powell. (AP Photo/Steven Senne, File)
December 09, 2019 - 2:42 pm
WASHINGTON (AP) — The Federal Reserve is expected to send a clear message when its latest policy meeting ends Wednesday: Interest rates will likely stay ultra-low for the foreseeable future. Behind that message is a view that has gained support at the Fed as the U.S. economic expansion has entered...
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December 09, 2019 - 2:38 pm
WASHINGTON (AP) — The Federal Reserve is expected to send a clear message when its latest policy meeting ends Wednesday: Interest rates will likely stay ultra-low for the foreseeable future. Behind that message is a view that has gained support at the Fed as the U.S. economic expansion has entered...
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