Economic outlook

A screen on the floor of the New York Stock Exchange shows the rate decision of the Federal Reserve, Wednesday, March 20, 2019. The Federal Reserve is leaving its key interest rate unchanged and projecting no rate hikes in 2019, dramatically underscoring its plan to be "patient" about any further increases. (AP Photo/Richard Drew)
March 20, 2019 - 2:39 pm
U.S. stocks erased an early loss and turned higher in afternoon trading Wednesday as investors welcomed the Federal Reserve's decision to rule out interest rate increases this year. That's a marked change from three months ago, when the central bank projected two rate hikes this year. The Fed...
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FILE- In this Feb. 26, 2019, file photo Federal Reserve Chairman Jerome Powell testifies before the Senate Banking, Housing and Urban Affairs Committee on monetary policy on Capitol Hill in Washington. On Wednesday, March 20, the Federal Reserve releases its latest monetary policy statement after a two-day meeting. (AP Photo/Kevin Wolf, File)
March 20, 2019 - 12:22 am
WASHINGTON (AP) — The Federal Reserve is expected to end its latest policy meeting Wednesday by refining its new overarching message that it plans to be "patient" about any further interest rate hikes. The Fed is all but sure to keep its key short-term rate in a range of 2.25 percent to 2.5 percent...
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March 19, 2019 - 8:32 am
BERLIN (AP) — The German government's panel of economic advisers nearly halved its German growth forecast for this year to 0.8 percent — the latest in a long list of downgrades for Europe's biggest economy. In a regular update Tuesday, the panel cut its 2019 forecast from the previous 1.5 percent...
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March 19, 2019 - 6:33 am
BERLIN (AP) — The German government's panel of independent economic advisers has nearly halved its growth forecast for this year and is now predicting that the German economy will grow by only 0.8 percent. In a regular update, the panel cut its 2019 forecast from the previous 1.5 percent and said...
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FILE - In this Monday, March 4, 2019, file photo, Kevin Hassett, chairman of the White House Council of Economic Advisers, talks to media outside of the White House in Washington. Contrary to most economists, the Trump administration expects the U.S. economy to keep booming over the next decade on the strength of further tax cuts, reduced regulation and improvements to the nation’s infrastructure. (AP Photo/Carolyn Kaster)
March 19, 2019 - 12:13 am
Contrary to the views of most economists, the Trump administration expects the U.S. economy to keep booming over the next decade on the strength of further tax cuts, reduced regulation and improvements to the nation's infrastructure. The annual report from President Donald Trump's Council of...
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FILE- In this Feb. 27, 2019, file photo Federal Reserve Board Chair Jerome Powell gestures while speaking before the House Committee on Financial Services hearing on Capitol Hill in Washington. The message the Federal Reserve is poised to send on Wednesday, March 20, when its latest policy meeting ends this week is a soothing one. It reflects an abrupt shift in tone since the start of the year in the face of a slowdown in the United States and abroad, persistently tame inflation and a nervous stock market. (AP Photo/Pablo Martinez Monsivais, File)
March 18, 2019 - 12:25 pm
WASHINGTON (AP) — Patience. A focus on incoming economic data. And no interest rate hikes likely soon. The message the Federal Reserve is poised to send when its latest policy meeting ends this week is a soothing one. It reflects an abrupt shift in tone since the start of the year in the face of a...
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FILE- In this Feb. 27, 2019, file photo Federal Reserve Board Chair Jerome Powell gestures while speaking before the House Committee on Financial Services hearing on Capitol Hill in Washington. The message the Federal Reserve is poised to send on Wednesday, March 20, when its latest policy meeting ends this week is a soothing one. It reflects an abrupt shift in tone since the start of the year in the face of a slowdown in the United States and abroad, persistently tame inflation and a nervous stock market. (AP Photo/Pablo Martinez Monsivais, File)
March 18, 2019 - 11:55 am
WASHINGTON (AP) — Patience. A focus on incoming economic data. And no interest rate hikes likely soon. The message the Federal Reserve is poised to send when its latest policy meeting ends this week is a soothing one. It reflects an abrupt shift in tone since the start of the year in the face of a...
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FILE- In this Oct. 28, 2017, file photo the storefront window of a portrait studio is lit up along a downtown street at dusk in Lumberton, N.C. Although small businesses vary widely in terms of size, industry and issues, they do appear to be generally united by a growing uneasiness about the economy. Several surveys and economic reports released in recent weeks show that company owners have more trust in their businesses than the national or local economy, and that they’re running their businesses more conservatively in response to uncertainty about overall business conditions. (AP Photo/David Goldman, File)
March 18, 2019 - 10:51 am
NEW YORK (AP) — Although small businesses vary widely in terms of size, industry and issues, they do appear to be generally united by a growing uneasiness about the economy. Several surveys and economic reports released in recent weeks show that company owners have more trust in their businesses...
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FILE- In this Wednesday, Feb. 27, 2019, file photograph, a long row of unsold 2019 Tacoma pickup trucks sits at a Toyota dealership in Lakewood, Colo. On Wednesday, March 13, the Commerce Department releases its January report on durable goods. (AP Photo/David Zalubowski, File)
March 13, 2019 - 8:47 am
WASHINGTON (AP) — Orders to U.S. factories for big-ticket manufactured goods edged up slightly in January, but the strength came from a big increase in the volatile aircraft category. In encouraging news for future growth, a key category that tracks business investment plans posted its biggest gain...
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President Donald Trump's 2020 budget outline arrives on Capitol Hill at the House Budget Committee, in Washington, Monday morning March 11, 2019. Trump's new budget calls for billions more for his border wall, with steep cuts in domestic programs but increases for military spending. (AP Photo/J. Scott Applewhite)
March 12, 2019 - 7:36 am
WASHINGTON (AP) — President Donald Trump proposed a record $4.7 trillion budget, pushing the federal deficit past $1 trillion but counting on optimistic growth, accounting shuffles and steep domestic cuts to bring future spending into balance in 15 years. Reviving his border wall fight with...
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