Monetary policy

FILE - In this March 1, 2018, file photo, Federal Reserve Chairman Jerome Powell testifies as he gives the semiannual monetary policy report to the Senate Banking Committee on Capitol Hill in Washington. The Federal Reserve’s first meeting under Powell’s leadership will likely end Wednesday, March 21, with an announcement that the Fed will resume its modest interest rate hikes. (AP Photo/Jacquelyn Martin, File)
March 20, 2018 - 11:35 am
WASHINGTON (AP) — Federal Reserve officials are meeting this week for the first time under their new chairman, Jerome Powell, whose news conference to follow is stirring high anticipation. The Fed is set to announce its first interest rate increase of the year, a testament to the continued strength...
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FILE - In this Wednesday, Oct. 8, 2014, file photo, a statue of George Washington stands near the New York Stock Exchange, in background. The U.S. stock market opens at 9:30 a.m. EDT on Tuesday, March 20, 2018. (AP Photo/Mark Lennihan, File)
March 20, 2018 - 10:15 am
NEW YORK (AP) — U.S. stocks are rising Tuesday as energy companies climb with oil prices and banks move up along with interest rates. The market was recovering some of its losses from a day ago. Other sectors including health care and industrials are also bouncing back. Technology stocks are mostly...
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FILE - In this March 1, 2018, file photo, Federal Reserve Chairman Jerome Powell testifies as he gives the semiannual monetary policy report to the Senate Banking Committee on Capitol Hill in Washington. The Federal Reserve’s first meeting under Powell’s leadership will likely end Wednesday, March 21, with an announcement that the Fed will resume its modest interest rate hikes. (AP Photo/Jacquelyn Martin, File)
March 19, 2018 - 12:16 pm
WASHINGTON (AP) — The Federal Reserve's first meeting under Jerome Powell's leadership will likely end Wednesday with an announcement that the Fed will resume its modest interest rate hikes. But investors will be most attuned to what Powell signals at his first news conference about whether and how...
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FILE- In this Monday, Feb. 26, 2018, photo, work continues on a new development in Fair Lawn, N.J. On Friday, March 9, the Labor Department reported that U.S. employers added 313,000 jobs in February, the most in any month since July 2016, and drawing hundreds of thousands of people into the job market. (AP Photo/Seth Wenig, File)
March 09, 2018 - 3:36 pm
WASHINGTON (AP) — U.S. employers went on a hiring binge in February, adding 313,000 jobs, amid rising business confidence lifted by the Trump administration's tax cuts and a resilient global economy. The surprisingly robust hiring, reported by the Labor Department on Friday, was the strongest in 1½...
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March 08, 2018 - 7:54 am
FRANKFURT, Germany (AP) — The Latest on the European Central Bank's monetary policy meeting (all times local): 1:45 p.m. The European Central Bank has tweaked its main monetary policy statement — a hint that it is getting closer to withdrawing a key economic stimulus program. The bank on Thursday...
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Federal Reserve Chairman Jerome Powell testifies as he gives the semiannual monetary policy report to the Senate Banking Committee, Thursday, March 1, 2018, on Capitol Hill in Washington. (AP Photo/Jacquelyn Martin)
March 01, 2018 - 3:57 pm
WASHINGTON (AP) — Federal Reserve Chairman Jerome Powell stressed on Thursday that the central bank still believes it has room to stay on a path of gradual rate hikes that will allow wage growth to accelerate. Powell, who rattled markets earlier this week with comments that seemed to indicate...
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FILE - In this Aug. 24, 2015, file photo, a man walks towards the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EST on Thursday, March 1, 2018. (AP Photo/Seth Wenig, File)
March 01, 2018 - 1:32 pm
NEW YORK (AP) — U.S. stocks dropped in another dizzying day of trading on Thursday as investors dissected Federal Reserve Chairman Jerome Powell's latest testimony before Congress and the possibility of stiff tariffs on steel and aluminum imports. Stocks were higher earlier in the day after Powell...
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March 01, 2018 - 10:31 am
WASHINGTON (AP) — Federal Reserve Chairman Jerome Powell had a smooth public debut in his new job as head of the nation's central bank. But investors want to know whether he is really as optimistic about economic prospects as he appeared to be. Powell's optimism in testimony before a House...
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Federal Reserve Chairman Jerome Powell gestures while he testifies to the House Financial Services Committee, Tuesday, Feb. 27, 2018, in Washington. (AP Photo/Jacquelyn Martin)
February 27, 2018 - 5:46 pm
WASHINGTON (AP) — New Federal Reserve Chairman Jerome Powell delivered a message Tuesday that wasn't quite what Wall Street had expected: The U.S. economy is doing well, maybe even better than he thought late last year. Powell emphasized in his first Congressional testimony that the central bank...
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FILE - This Jan. 4, 2010, file photo shows an historic marker on Wall Street in New York. The U.S. stock market opens at 9:30 a.m. EST on Tuesday, Feb. 27, 2018. (AP Photo/Mark Lennihan, File)
February 27, 2018 - 4:37 pm
NEW YORK (AP) — Treasury yields rose Tuesday, and the Standard & Poor's 500 index slid to its first loss in four days after the head of the Federal Reserve said that he's feeling more optimistic about the economy. The testimony by Fed Chairman Jerome Powell before Congress was highly...
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