Economic outlook

Graphic shows results of AP-NORC Center poll on U.S. outlook; 2c x 5 inches; 96.3 mm x 127 mm;
February 23, 2018 - 2:19 pm
WASHINGTON (AP) — Chester Trahan's grandchildren are working, so he's feeling better about the economy these days. But his view of the country's overall direction is pretty grim, darkened by what he sees as a surge in racism and violence fueled by President Donald Trump. "He stimulated it. Those...
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FILE- In this Feb. 5, 2018, file photo, the seal of the Board of Governors of the United States Federal Reserve System is displayed in the ground at the Marriner S. Eccles Federal Reserve Board Building in Washington. The Federal Reserve releases minutes from its January meeting on Wednesday, Feb. 21. (AP Photo/Andrew Harnik, File)
February 21, 2018 - 3:15 pm
WASHINGTON (AP) — Federal Reserve officials at their January meeting believed that a brightening global economic picture and the effects of recently passed tax cuts had raised the prospect for solid growth and continued interest rate increases. The minutes of the Fed's Jan. 30-31 discussions showed...
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FILE- In this Nov. 24, 2017, file photo, a shopper looks over clothing at a J.C. Penney store in Seattle. On Wednesday, Feb. 14, 2018, the Labor Department reports on U.S. consumer prices for January. (AP Photo/Elaine Thompson, File)
February 14, 2018 - 11:59 am
WASHINGTON (AP) — U.S. consumer prices, excluding the volatile food and energy categories, rose 0.3 percent last month. That was the biggest climb in a year and has intensified inflation fears in financial markets. Overall consumer prices rose 0.5 percent in January, the most in four months, the...
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Placards and banners opposing Brexit on railings as The European Commission's Chief Negotiator for the UK exiting the European Union, Michel Barnier is at 10 Downing Street for a meeting, outside the Houses of Parliament, London, Monday, Feb. 5, 2018. (AP Photo/Tim Ireland)
February 08, 2018 - 7:45 am
LONDON (AP) — With the global economy growing strongly, the Bank of England has turned more confident about Britain's near-term prospects and indicated it could raise interest rates in coming months — even in the face of uncertainties over the country's exit from the European Union. Though it kept...
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President Donald Trump is handed a pair of Aflac socks by Michael Porter of Columbus, Ga., right, during a meeting with American workers on the impact of the tax reform bill in the Oval Office at the White House, Wednesday, Jan. 31, 2018, in Washington. (AP Photo/Andrew Harnik)
January 31, 2018 - 4:09 pm
WASHINGTON (AP) — Pushing the Republican tax package through Congress was only half the battle for President Donald Trump. Now that it's the law, convincing Americans that it was a good idea is not just a political imperative but an economic one, too. To boost GOP prospects in the midterm elections...
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FILE - In this Wednesday, Sept. 20, 2017, file photo, Federal Reserve Chair Janet Yellen gets up from her seat at the conclusion of a news conference following the Federal Open Market Committee meeting in Washington. Yellen, the first woman to lead the world’s most influential central bank, will step down when her term expires on Feb. 3, 2018. She will be succeeded by Fed board member Jerome Powell. (AP Photo/Pablo Martinez Monsivais, File)
January 31, 2018 - 2:38 pm
The Federal Reserve has left its benchmark interest rate unchanged but signaled that it expects to resume raising rates gradually to reflect a healthy job market and economy. At Janet Yellen's final meeting as chair Wednesday, the Fed kept its key short-term rate in a still-low range of 1.25...
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President Donald Trump gestures as he finishes his first State of the Union address in the House chamber of the U.S. Capitol to a joint session of Congress Tuesday, Jan. 30, 2018 in Washington, as Vice President Mike Pence and House Speaker Paul Ryan applaud. (Win McNamee/Pool via AP)
January 31, 2018 - 6:23 am
WASHINGTON (AP) — Addressing a deeply divided nation, President Donald Trump summoned the country to a "new American moment" of unity in his first State of the Union, challenging Congress to make good on long-standing promises to fix a fractured immigration system and warning darkly of evil forces...
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Pro-EU membership supporters protest against Brexit across the street from the Houses of Parliament in London, Tuesday, Jan. 30, 2018. A leaked, and gloomy, economic forecast has inflamed arguments about Britain's decision to leave the European Union. Brexit-supporting politicians on Tuesday said those who released the document were trying to derail Britain’s EU exit, while pro-EU lawmakers accused the government of burying bad news. The assessment forecasts that the economy will be worse off after Britain leaves the EU, whatever trade deal the country strikes with the bloc. (AP Photo/Matt Dunham)
January 30, 2018 - 9:38 am
LONDON (AP) — A leaked, and gloomy, economic forecast has inflamed arguments about Britain's decision to leave the European Union. Brexit-supporting politicians on Tuesday said those who released the document were trying to derail the country's EU exit, while pro-EU lawmakers accused the government...
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January 22, 2018 - 9:00 am
WASHINGTON (AP) — The International Monetary Fund is upgrading the outlook for the world economy, noting surprisingly strong growth in Europe and Asia and predicting that U.S. tax cuts will give the American economy a short-term boost. The IMF on Monday forecast global growth of 3.7 percent for...
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In this Feb. 6, 2017 photo, workers assemble Honda Civics on an assembly line at a Dongfeng Honda automotive plant in Wuhan in central China's Hubei province. China’s economy expanded at a 6.9 percent pace in 2017, faster than expected and the first annual increase in seven years, the government reported Thursday, Jan. 18, 2018. (Chinatopix via AP)
January 18, 2018 - 5:18 am
HONG KONG (AP) — China's economy gained steam in 2017, expanding at a 6.9 percent pace in 2017 in its first annual increase in seven years, according to data released Thursday that exceeded economists' forecasts and the government's target. Buoyant consumer spending and robust exports helped drive...
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