Central banking

FILE - In this April 11, 2018, file photo, Facebook CEO Mark Zuckerberg pauses while testifying before a House Energy and Commerce hearing on Capitol Hill in Washington about the use of Facebook data to target American voters in the 2016 election and data privacy. Zuckerberg plans to tell Congress Wednesday, Oct. 23, 2019, that the company’s planned Libra cryptocurrency won’t launch unless all U.S. regulators approve. (AP Photo/Andrew Harnik, File)
October 22, 2019 - 5:25 pm
SAN FRANCISCO (AP) — Facebook CEO Mark Zuckerberg aims to reassure Congress on Wednesday that his company won't try to evade financial regulators as it prepares its planned digital currency Libra. In prepared remarks released Tuesday ahead of a hearing before the House Financial Services Committee...
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FILE - In this Monday, April 10, 2017 file photo, the chief of the Ukrainian Central Bank Valeria Gontareva makes a statement on her resignation during a press conference in Kyiv, Ukraine. Ukrainian officials on Monday Oct. 21, 2019, lashed out at a parody song targeting Ukraine's former central bank chief Gontareva, and mocking an arson attack on her home which was firebombed last month. (AP Photo/Sergei Chuzavkov, File)
October 21, 2019 - 10:22 am
KYIV, Ukraine (AP) — Ukrainian officials on Monday lashed out at a comedy show that targeted the former central bank chief by joking about a recent arson attack on her home. Kvartal 95 is arguably the country's most beloved comedy show and was led by Volodymyr Zelenskiy before he was elected...
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October 10, 2019 - 3:43 pm
WASHINGTON (AP) — The Federal Reserve has approved a package of rules that will ease restrictions imposed on banks following the 2008 financial crisis, giving a victory to the banking industry and President Donald Trump, a vocal critic of the more stringent rules. The Fed's rule changes approved...
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The European Central Bank is seen next to the river Main in Frankfurt, Germany, late Wednesday, Oct. 2, 2019. (AP Photo/Michael Probst)
October 10, 2019 - 8:17 am
FRANKFURT, Germany (AP) — Top European Central Bank officials were united over the need for more stimulus at their last meeting but a number of them objected to the decision to launch bond purchases involving the injection of newly printed money into the economy. The written account of the meeting...
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FILE - In this Sept. 18, 2019, file photo Federal Reserve Board Chair Jerome Powell speaks at a news conference following a two-day meeting of the Federal Open Market Committee in Washington. On Tuesday, Oct. 8, Powell is scheduled to speak about the Fed’s interest rate policy in Denver at the annual meeting of the National Association for Business Economics. (AP Photo/Patrick Semansky, File)
October 08, 2019 - 4:35 pm
WASHINGTON (AP) — Federal Reserve Chairman Jerome Powell said Tuesday that U.S. job growth since early last year was not as robust as thought, a hint that the Fed may be ready to keep cutting interest rates to support the economy. Powell also said the Fed will soon announce plans to buy Treasurys,...
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FILE - In this April 18, 2018, file photo the World Bank CEO Kristalina Georgieva speaks during the forum Frontiers in Anticorruption at the World Bank/IMF annual spring meeting in Washington. Georgieva, the new head of the 189-nation International Monetary Fund, says the world economy is in the grips of a “synchronized global slowdown” that will result in slower growth for 90% of the world this year. (AP Photo/Jose Luis Magana, File)
October 08, 2019 - 10:28 am
WASHINGTON (AP) — The new head of the 189-nation International Monetary Fund warned Tuesday that the world economy is in the grips of a "synchronized global slowdown" that will result in slower growth for 90% of the world this year. IMF Managing Director Kristalina Georgieva said that an updated...
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FILE - In this Aug. 23, 2019, file photo pedestrians pass the New York Stock Exchange in New York. The U.S. stock market opens at 9:30 a.m. EDT on Thursday, Oct. 3. (AP Photo/Frank Franklin II, File)
October 03, 2019 - 4:48 pm
Technology and health care companies helped U.S. stocks rebound broadly from an early sell-off Thursday, snapping the market’s steep two-day skid. The Dow Jones Industrial Average swung from a loss of more than 330 points to a gain of more than 120 after another disappointing economic report raised...
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FILE - In this Sept. 18, 2019, file photo stock prices are displayed at the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Tuesday, Oct. 1. (AP Photo/Mark Lennihan, File)
October 01, 2019 - 2:53 pm
NEW YORK (AP) — U.S. stocks sank to their worst loss in five weeks on Tuesday after a surprisingly limp report on the nation's manufacturing stirred worries about the economy's strength. The report showed that manufacturing weakened in September for the second straight month as President Donald...
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Clouds pass over the European Central Bank building, center, in Frankfurt, Germany, early Saturday, Sept. 28, 2019. (AP Photo/Michael Probst)
October 01, 2019 - 6:17 am
BRUSSELS (AP) — Inflation in the 19-country eurozone weakened in September, slipping farther from the European Central Bank's goal and underlining President Mario Draghi's arguments for a recent stimulus package. Statistics agency Eurostat said Tuesday that the annual inflation rate eased to 0.9%...
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A woman walks by an electronic stock board of a securities firm in Tokyo, Tuesday, Oct. 1, 2019. Shares rose in Asia on Tuesday, with markets in Hong Kong and Shanghai closed for a national day holiday. (AP Photo/Koji Sasahara)
October 01, 2019 - 4:45 am
BANGKOK (AP) — World markets were mostly higher on Tuesday, with European benchmarks flat as British Prime Minister Boris Johnson readied a fresh plan for leaving the European Union. The FTSE 100 was almost unchanged at 7,407.39, while the CAC 40 in Paris also was steady, at 5,676.01. Germany's DAX...
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