Latest Central bank interest rates News

Global shares mixed as Fed leaves rates unchanged

Dec. 12, 2019 4:01 AM EST

TOKYO (AP) — Global shares were mixed Thursday after a wobbly day on Wall Street following the Federal Reserve announcement it would leave interest rates unchanged. Adding to the uncertainties overhanging the markets this week, Britain will vote in a national election Thursday that will likely determine...

Asian shares mixed as Fed leaves rates unchanged

Dec. 11, 2019 9:58 PM EST

TOKYO (AP) — Asian shares were mixed Thursday, after a wobbly day on Wall Street following the Federal Reserve announcement it would leave interest rates unchanged. Japan's benchmark Nikkei 225 edged up 0.2% in early trading to 23,433.83, while Australia's S&P/ASX 200 lost 0.7% to 6,706.90. South...

Fed leaves low rates alone and sees no moves in near future

Dec. 11, 2019 6:24 PM EST

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...

How major stock indexes fared Wednesday

Dec. 11, 2019 5:02 PM EST

Stocks closed modestly higher on Wall Street Wednesday after the Federal Reserve left interest rates unchanged and signaled that it expects to leave them alone in 2020. Technology and industrial stocks led the gains, which snapped a two-day losing streak for the S&P 500. Investor jitters over whether the...

Federal Reserve leaves benchmark interest rate unchanged, signals no moves in 2020

Dec. 11, 2019 2:05 PM EST
Federal Reserve leaves benchmark interest rate unchanged, signals no moves in 2020.

World shares mixed on reports Trump might delay tariff hike

Dec. 11, 2019 7:48 AM EST

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 in...

US Federal Reserve could signal no rate hike through 2020

Dec. 11, 2019 6:20 AM EST

WASHINGTON (AP) — The Federal Reserve is set to leave its benchmark interest rate unchanged Wednesday and will likely signal that it expects rates to remain low well into next year despite a robust job market. Many economists have said they think sluggish growth will even compel the Fed to cut rates at...

Europe's new central bank chief faces slow growth, dissent

Dec. 10, 2019 11:48 AM EST

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 among...

Global stocks sink ahead of US tariff deadline

Dec. 10, 2019 8:14 AM EST

BEIJING (AP) — Stock markets around the world fell sharply Tuesday as nervous investors watched a rapidly approaching deadline for more U.S. tariffs on Chinese imports. Markets also have their eyes on American and European interest rate decisions coming this week and the outcome of Britain's general...

Fed is likely to reinforce a message of continued low rates

Dec. 9, 2019 2:42 PM EST

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 a record...