Economic policy

President Donald Trump and Australian Prime Minister Scott Morrison arrive for a news conference in the East Room of the White House in Washington, Friday, Sept. 20, 2019. (AP Photo/Susan Walsh)
September 20, 2019 - 1:46 pm
WASHINGTON (AP) — As China and the U.S. near a new round of trade talks, President Donald Trump said Friday he doesn't feel he needs to secure an agreement before next year's election. Trump told reporters he wants a complete deal with China and won't accept one that only addresses some of the...
Read More
September 20, 2019 - 12:26 pm
WASHINGTON (AP) — Two Federal Reserve officials who dissented from this week's quarter-point rate cut on Friday highlighted the current deep divisions at the central bank. Eric Rosengren, head of the Fed's Boston regional bank and one of two officials who opposed the rate cut, said Friday that the...
Read More
Britain's Prime Minister Boris Johnson meets with Military Service Chiefs at Downing Street in London, Thursday Sept. 19, 2019. (Henry Nicholls/Pool via AP)
September 19, 2019 - 8:10 am
LONDON (AP) — The Bank of England kept its main interest rate unchanged at 0.75% Thursday, its last scheduled interest rate decision before Britain is due to leave the European Union. In a statement, the bank said all nine of its rate-setters voted to keep rates unchanged and warned that prolonged...
Read More
Chinese investors monitor stock prices at a brokerage house in Beijing, Thursday, Sept. 19, 2019. Shares were mixed in Asia on Thursday, with Tokyo and Sydney logging modest gains after the Federal Reserve cut its benchmark interest rate for a second time this year, citing slowing global economic growth and uncertainty over U.S. trade conflicts. (AP Photo/Andy Wong)
September 19, 2019 - 4:11 am
BANGKOK (AP) — Shares opened higher in Europe on Thursday after a mixed session in Asia following the Federal Reserve's decision to cut its benchmark interest rate for a second time this year. Germany's DAX edged 0.1% higher to 12,406.82 while the FTSE 100 in Britain advanced 0.2% to 7,331.84. In...
Read More
Bank of Japan Gov. Haruhiko Kuroda attends a meeting at its headquarters in Tokyo Thursday, Sept. 19, 2019. Japan’s central bank has opted to keep its monetary policy unchanged despite growing signs of trouble that prompted the Federal Reserve to cut its benchmark rate. (Muneyuki Tomori/Kyodo News via AP)
September 19, 2019 - 2:17 am
TOKYO (AP) — Japan's central bank opted Thursday to keep its monetary policy unchanged despite the growing signs of trouble that prompted the Federal Reserve to cut its benchmark rate. The Bank of Japan said in its policy statement that exports, industrial output and business sentiment had been...
Read More
Federal Reserve Board Chair Jerome Powell speaks at a news conference following a two-day meeting of the Federal Open Market Committee, Wednesday, Sept. 18, 2019, in Washington. (AP Photo/Patrick Semansky)
September 18, 2019 - 4:49 pm
WASHINGTON (AP) — A sharply divided Federal Reserve cut its benchmark interest rate Wednesday for a second time this year but declined to signal that further rate cuts are likely this year. The Fed's move reduced its key short-term rate — which influences many consumer and business loans — by an...
Read More
Floor governor Michael Smyth works at the New York Stock Exchange, Wednesday, Sept. 18, 2019. The Federal Reserve is expected to announce its benchmark interest rate later in the day. (AP Photo/Mark Lennihan)
September 18, 2019 - 4:26 pm
NEW YORK (AP) — The latest on developments in financial markets (all times local): 4:00 p.m. Stocks are rebounding at the close of trading, led by banks and big tech names, after the Federal Reserve delivered an expected cut in interest rates. Stocks initially fell after the Fed announcement, after...
Read More
Federal Reserve Board Chair Jerome Powell speaks at a news conference following a two-day meeting of the Federal Open Market Committee, Wednesday, Sept. 18, 2019, in Washington. (AP Photo/Patrick Semansky)
September 18, 2019 - 4:03 pm
The Federal Reserve has cut its benchmark interest rate again, big news for the U.S. economy but something that will likely have a muted impact on Americans' personal finances, experts say. That's because the reduction doesn't offset the increases of recent years. And as the key rate creeps closer...
Read More
Stock traders John Santiago, left, and Paul Cosentino work at the New York Stock Exchange, Wednesday, Sept. 18, 2019. The Federal Reserve is expected to announce its benchmark interest rate later in the day. (AP Photo/Mark Lennihan)
September 18, 2019 - 2:56 pm
Stocks declined broadly on Wall Street Wednesday afternoon after the Federal Reserve cut its benchmark interest rate for a second time this year. Investors expected the rate cut, but may have been disappointed by apparent disagreement among Fed officials about their future rate policy. In a...
Read More
FILE - In this July 31, 2019, file photo Federal Reserve Chairman Jerome Powell speaks during a news conference following a two-day Federal Open Market Committee meeting in Washington. On Wednesday, Sept. 18, the Federal Reserve releases its latest monetary policy statement. (AP Photo/Manuel Balce Ceneta, File)
September 18, 2019 - 2:49 pm
WASHINGTON (AP) — The Latest on the Federal Reserve's monetary policy meeting (all times local): 2:40 p.m. President Donald Trump blasted the Federal Reserve Chair Jerome Powell as a "terrible communicator," after the U.S. central bank's rate cut was less generous than what Trump wanted. "Jay...
Read More

Pages