TOKYO (AP) — Japan’s central bank is making it easier for cash-strapped companies to get funding in response to the growing economic devastation from the coronavirus pandemic.
NEW DELHI (AP) — India’s central bank on Friday cut its key interest rate by a sizable 75 basis points to 4.4% from 5.15% to ease financing troubles caused by the coronavirus outbreak and help...
LONDON (AP) — The Bank of England slashed its main interest rate to 0.1%, the lowest level since its founding in 1694, and reactivated a bond-buying stimulus program to cushion against the...
FRANKFURT, Germany (AP) — The European Central Bank deployed targeted new stimulus measures to cushion the shock to the economy from the virus outbreak, but its president said monetary policy...
WASHINGTON (AP) — When Wall Street expects the Federal Reserve to cut interest rates, should that influence the Fed's decisions?
Two Fed officials diverged on that issue in remarks Friday at...
WASHINGTON (AP) — The Federal Reserve believes that downside risks to the U.S. economy have lessened with the easing of trade tensions and better prospects for global growth but officials note a...
FRANKFURT, Germany (AP) — European Central Bank head Christine Lagarde has warned that the world's central banks have less room to stimulate the economy in case there's a recession.
LONDON (AP) — The Bank of England on Thursday opted against cutting interest rates amid signs of improvement in the British economy in the run-up to Britain's imminent departure from the European...
FRANKFURT, Germany (AP) — Christine Lagarde is wasting no time in putting her stamp on the European Central Bank.
The bank's new president said at her first news conference Thursday that she...
LONDON (AP) — The growth outlook for the British economy has deteriorated largely as a result of a gloomier global backdrop, the Bank of England said Thursday as it refrained from cutting rates in...
WASHINGTON (AP) — The Federal Reserve cut short-term interest rates Wednesday for a third time this year to try to support the economy. But it signaled that it plans no further cuts unless it sees...
WASHINGTON (AP) — The Latest on the Federal Reserve's monetary policy meeting (all times local):
3 p.m.
Federal Reserve Chairman Jerome Powell says the bank will likely complete in the...
BANGKOK (AP) — Stock markets rose on Thursday after some upbeat company earnings and as investors awaited the European Central Bank's monetary policy decision and news conference.
LONDON (AP) — U.K. interest rates could be cut even if the country avoids leaving the European Union on Oct. 31 without a deal, one of the Bank of England's nine top policymakers said...
BEIJING (AP) — China's central bank governor said Tuesday its monetary policy will stay "stable and healthy," suggesting Beijing has no plans to join the United States and Europe in cutting...
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.
BANGKOK (AP) — 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...
WASHINGTON (AP) — The Latest on the Federal Reserve's monetary policy meeting (all times local):
2:50 p.m.
Federal Reserve Chair Jerome Powell acknowledges that officials at the U.S....
NEW DELHI (AP) — India's central bank on Wednesday cut its key interest rate for the fourth consecutive time, reducing the repo rate by 0.35% to 5.40% to shore up the economy, with consumer...
FRANKFURT, Germany (AP) — The Latest on the European Central Bank's monetary policy meeting (all times local):
3:25 p.m.
European Central Bank President Mario Draghi says that euro...
BANGKOK (AP) — World stocks turned higher Tuesday after the European Central Bank signaled it could cut interest rates or provide other forms of monetary stimulus to help the economy.
WASHINGTON (AP) — U.S. long-term mortgage rates rose this week after three weeks of holding steady, tipped higher by expectations that the Federal Reserve could reduce interest rates...
SEOUL, South Korea (AP) — South Korea's central bank on Thursday cut its policy rate for the first time in three years to shore up growth threatened by a trade dispute with Japan.
ANKARA, Turkey (AP) — Turkish President Recep Tayyip Erdogan has confirmed that he fired the central bank chief over his refusal to cut interest rates.
ANKARA, Turkey (AP) — Turkey's currency fell sharply on Monday, reawakening concerns of another bout of financial jitters in the country, after President Recep Tayyip Erdogan fired the central...
WASHINGTON (AP) — The Federal Reserve on Friday repeated its pledge to "act as appropriate" to sustain the current economic expansion, now the longest in U.S. history, while noting that most Fed...
CANBERRA, Australia (AP) — Australia's central bank cut its benchmark interest rate by a quarter of a percentage point on Tuesday to a record low of 1% in a bid to boost the economy.
NEW YORK (AP) — The Latest on the Federal Reserve's monetary policy meeting (all times local):
3:10 p.m.
Federal Reserve Chairman Jerome Powell is downplaying the possibility that...
LONDON (AP) — Global stock markets traded in fairly narrow ranges Monday as investors awaited a run of interest rate decisions, notably from the U.S. Federal Reserve, and more clarity over the...
VILNIUS, Lithuania (AP) — The Latest on the European Central Bank's monetary policy meeting (all times local):
4:25 p.m.
European Central Bank President Mario Draghi said the bank is...
NEW DELHI (AP) — India's central bank on Thursday cut its key interest rate by a quarter of a percentage point to 5.75% with immediate effect to fortify the economy as consumer spending and...
WASHINGTON (AP) — Consumer spending slowed in April while inflation was up, but still far below the target set by the Federal Reserve.
The Commerce Department said Friday that spending...
FRANKFURT, Germany (AP) — Inflation rose in April in the 19-country eurozone, at first glance an encouraging sign for the European Central Bank in its struggle to sustainably raise...
WASHINGTON (AP) — The Latest on the Federal Reserve's monetary policy meeting (all times local):
3:40 p.m.
Federal Reserve Chairman Jerome Powell says the central bank is a...
WASHINGTON (AP) — Finance officials from the world's major powers acknowledged Friday that the global economy is in a slowdown, but they forecast that growth will pick up by the second half of...
FRANKFURT, Germany (AP) — The Latest on the European Central Bank's monetary policy meeting (all times local):
2:45 p.m.
European Central Bank President Mario Draghi says that "global...
FRANKFURT, Germany (AP) — The European Central Bank is ready to take further action to help the economy if the outlook takes a sudden turn for the worse, bank President Mario Draghi said...