Latest Monetary policy News

US stocks and bond yields dip amid trade worries

Jun. 15, 2018 6:16 PM EDT

NEW YORK (AP) — U.S. stocks closed out a whirlwind week with a modest loss Friday as markets gauged how much to fret about the Trump administration's decision to step up the trade dispute between the world's two biggest economies. The White House announced tariffs on $50 billion of imports from China, and...

Asian stocks mixed after ECB announcement, US data

Jun. 14, 2018 11:20 PM EDT

SEOUL, South Korea (AP) — Asian stock markets were mixed Friday after Wall Street largely finished with gains following the European Central Bank's announcement to phase out its bond-buying stimulus. Upbeat U.S. data helped bolstered sentiment. KEEPING SCORE: Japan's Nikkei 225 added 0.4 percent to...

Europe, Fed moves show global shift away from cheap money

Jun. 14, 2018 2:14 PM EDT

RIGA, Latvia (AP) — Two of the globe's most powerful central banks are gradually withdrawing the easy money policies that helped repair the damage wrought by the Great Recession and push stock markets to record highs. It's a sign of confidence in the economy, but with uncertain consequences for consumers...

As Fed raises rates, popular bond index funds get pinched

Jun. 14, 2018 1:47 PM EDT

NEW YORK (AP) — For holders of bond funds, the Federal Reserve is providing a reminder that even those buttoned-down, conservative investments carry some risk. Bond prices fall as interest rates rise, and the Fed raised its benchmark interest rate by another quarter of a percentage point Wednesday. The...

The Latest: European Central Bank says euro 'irreversible'

Jun. 14, 2018 9:59 AM EDT

RIGA, Latvia (AP) — The Latest on the European Central Bank's monetary policy meeting (all times local): 4:30 p.m. In response to a question about populist politicians' claim that the euro is not good for some countries, the head of the European Central Bank says the shared currency is irreversible. Mario...

Global stocks sink after Fed hike signal, eyes turn to ECB

Jun. 14, 2018 7:16 AM EDT

SEOUL, South Korea (AP) — Global stocks slumped Thursday after the U.S. Federal Reserve raised its key interest rate and said it would pick up the pace of future increases. Eyes are now on the European Central Bank, which is discussing Thursday when it might end its stimulus program. KEEPING SCORE:...

Asian stocks slump after Fed signals faster rate hikes

Jun. 14, 2018 12:28 AM EDT

SEOUL, South Korea (AP) — Asian stocks slumped Thursday after the U.S. Federal Reserve raised its key interest rate and said it would pick up the pace of future increases. South Korea's market benchmark tumbled 1.6 percent on the first trading day after a meeting of U.S. and North Korean leaders. KEEPING...

Fed raises key rate and sees possible acceleration in hikes

Jun. 13, 2018 5:14 PM EDT

WASHINGTON (AP) — The Federal Reserve took note of a resilient U.S. economy Wednesday by raising its benchmark interest rate for the second time this year and signaling that it may step up its pace of rate increases. The Fed now foresees four rate hikes this year, up from the three it had previously...

How major US stock indexes fared Wednesday

Jun. 13, 2018 5:01 PM EDT

U.S. stocks slipped Wednesday after the Federal Reserve raised interest rates and said it expects to increase rates two more times by the end of the year. Investors bet that several huge deals are more likely to go ahead after a federal court cleared AT&T's $85 billion purchase of Time Warner. On Wednesday:...

Markets Right Now: Stocks slip after Fed raises rates

Jun. 13, 2018 4:17 PM EDT

NEW YORK (AP) — The latest on developments in financial markets (all times local): 4:00 p.m. Stocks are closing lower Wednesday after the Federal Reserve signaled that faster interest rate hikes are on the way. AT&T fell 6.2 percent and Time Warner gained 1.8 after a judge cleared the way for...