Monetary policy

Bank of England Governor Mark Carney speaks during the central bank's quarterly inflation report press conference in the City of London, Thursday Feb. 8, 2018. The British pound has risen sharply after the Bank of England indicated it could raise interest rates again as soon as May. (Victoria Jones/Pool Photo via AP)
February 08, 2018 - 10:12 am
LONDON (AP) — With the global economy growing strongly, the Bank of England has turned more confident about Britain's prospects and indicated it could raise interest rates in coming months — even in the face of the welter of uncertainties related to the country's exit from the European Union...
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A man walks past a bank electronic board showing the Hong Kong share index at Hong Kong Stock Exchange Thursday, Feb. 8, 2018. Asian stock markets were mixed Thursday with some benchmarks erasing early morning gains. Investors remained skittish after this week's financial turmoil and overnight losses on Wall Street. (AP Photo/Vincent Yu)
February 08, 2018 - 8:14 am
SEOUL, South Korea (AP) — Global stocks were mixed Thursday, with European stocks declining after gains in Asian, as investors appeared skittish after this week's financial turmoil. The pound rose sharply after the U.K. central bank signaled it could raise interest rates soon. KEEPING SCORE:...
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Placards and banners opposing Brexit on railings as The European Commission's Chief Negotiator for the UK exiting the European Union, Michel Barnier is at 10 Downing Street for a meeting, outside the Houses of Parliament, London, Monday, Feb. 5, 2018. (AP Photo/Tim Ireland)
February 08, 2018 - 7:45 am
LONDON (AP) — With the global economy growing strongly, the Bank of England has turned more confident about Britain's near-term prospects and indicated it could raise interest rates in coming months — even in the face of uncertainties over the country's exit from the European Union. Though it kept...
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Trader Patrick McKeon works on the floor of the New York Stock Exchange, Wednesday, Feb. 7, 2018. Stocks are opening modestly higher on Wall Street as the market stabilizes following three days of tumult. (AP Photo/Richard Drew)
February 07, 2018 - 3:54 pm
WASHINGTON (AP) — The past week's stomach-churning stock market losses were ignited by a sudden and contagious fear of surging inflation and higher interest rates. Many investors worried that inflation would send borrowing rates up and sap corporate profits, stock prices and the U.S. economy. Does...
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Trader Frederick Reimer works on the floor of the New York Stock Exchange, Tuesday, Feb. 6, 2018. The Dow Jones industrial average fell as much as 500 points in early trading, bringing the index down 10 percent from the record high it reached on Jan. 26. The DJIA quickly recovered much of that loss. (AP Photo/Richard Drew)
February 06, 2018 - 7:09 pm
NEW YORK (AP) — U.S. stocks rallied Tuesday as a late surge helped them regain almost half their losses from the day before, when they had their biggest plunge in 6 ½ years. That came at the end of a day of heavy trading and huge swings for the market. Major indexes in Asia and Europe took steep...
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Placards and banners opposing Brexit on railings as The European Commission's Chief Negotiator for the UK exiting the European Union, Michel Barnier is at 10 Downing Street for a meeting, outside the Houses of Parliament, London, Monday, Feb. 5, 2018. (AP Photo/Tim Ireland)
February 06, 2018 - 4:45 am
LONDON (AP) — There can rarely have been a more complicated time to set interest rates for the U.K. economy. While high inflation, low unemployment and stable growth would usually prompt the Bank of England to raise interest rates again soon, concerns over Brexit are likely to stay the hand of its...
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Placards and banners opposing Brexit on railings as The European Commission's Chief Negotiator for the UK exiting the European Union, Michel Barnier is at 10 Downing Street for a meeting, outside the Houses of Parliament, London, Monday, Feb. 5, 2018. (AP Photo/Tim Ireland)
February 06, 2018 - 4:42 am
LONDON (AP) — There can rarely have been a more complicated time to set interest rates for the U.K. economy. While high inflation, low unemployment and stable growth would usually prompt the Bank of England to raise interest rates again soon, concerns over Brexit are likely to stay the hand of its...
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Trader Tommy Kalikas works on the floor of the New York Stock Exchange, Monday, Feb. 5, 2018. Stock markets around the world took another pummeling Monday as investors continued to fret over rising U.S. bond yields. (AP Photo/Richard Drew)
February 05, 2018 - 3:43 pm
NEW YORK (AP) — The Dow Jones industrial average briefly plunged nearly 1,600 points Monday as two days of steep losses for U.S. stocks brought an end to a period of record-setting calm in the market. The Dow recouped about half that loss within minutes, but its gains for the year were still gone...
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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. Draghi says it's too soon to declare victory over weak inflation — indicating it's too early to set a definite end date for the bank's money-printing stimulus despite a strengthening economy. (AP Photo/Michael Probst, file)
February 05, 2018 - 12:59 pm
FRANKFURT, Germany (AP) — European Central Bank head Mario Draghi said Monday that it's too soon to declare victory over weak inflation — indicating it would be premature to set a definite end date for the bank's money-printing stimulus despite a strengthening economy. Draghi's statement to a...
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Traders Robert Moran, left, and Andrew Silverman work on the floor of the New York Stock Exchange, Friday, Feb. 2, 2018. Technology companies were leading stocks broadly lower in early trading, extending the market's slide into a second day. (AP Photo/Richard Drew)
February 02, 2018 - 2:02 pm
U.S. stocks fell sharply Friday, placing the market on track for its worst week in two years. Technology and energy stocks accounted for much of the broad slide, pulling the Dow Jones industrial average down more than 400 points. Several major companies including Exxon Mobil and Google's parent...
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