Economic stimulus

FILE - In this Wednesday, Sept. 4, 2019 file photo, incoming President of the European Central Bank Christine Lagarde speaks to the European Parliament's Economic and Monetary Affairs Committee in Brussels. Newly appointed European Central Bank head Christine Lagarde makes her first official assessment Thursday, Dec. 12, 2019 of the mixed bag that is the eurozone economy, which suffers from slowing manufacturing and global trade even as consumer spending helps prop up growth. (AP Photo/Francisco Seco, File)
December 12, 2019 - 11:30 am

Europe's new central banker aims to put her stamp on the job

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 will lead a top to bottom review of how the institution sets monetary policy, looking at everything from how...
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FILE - In this Aug. 14, 2019, file photo, a woman works on a production line in a fiber optics factory in Nantong in eastern China's Jiangsu province. China's factory activity shrank more sharply than expected in October amid weak consumer demand and a tariff war with Washington, a survey by an industry group showed Thursday, Oct. 31, 2019. (Chinatopix via AP, File)
October 31, 2019 - 7:09 am

China pledges support for private market, no stimulus plans

BEIJING (AP) — China's leaders affirmed support Thursday for private business within its state-dominated economy but gave no sign of initiatives to boost sagging growth following a planning meeting. The annual gathering of the Communist Party's Central Committee came as companies and investors are...
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Supporters of center-left Peronist presidential candidate Alberto Fernández and running mate, former President Cristina Fernández, celebrate as they wait for election results outside their party's election headquarters in Buenos Aires, Argentina, Sunday, Oct. 27, 2019. Argentina faces a potentially sharp political shift on Sunday with center-left Peronist candidate Alberto Fernández favored to win an election dominated by frustration over an economic crisis that has eroded support for conservative incumbent Mauricio Macri. (AP Photo/Natacha Pisarenko)
October 27, 2019 - 9:52 pm

Macri concedes defeat to Fernández Argentina vote

BUENOS AIRES, Argentina (AP) — Conservative President Mauricio Macri conceded defeat in Argentina's election Sunday night, paving the way for the country's Peronist center-left to return to power under Alberto Fernández as frustrated voters rejected the incumbent's handling of a bruising economic...
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The sky is orange over the European central Bank in Frankfurt, Germany, before sunrise on Tuesday, Oct. 22, 2019. (AP Photo/Michael Probst)
October 24, 2019 - 12:09 am

Draghi era ends with divisions over latest stimulus

FRANKFURT, Germany (AP) — European Central Bank chief Mario Draghi, whose vow to do "whatever it takes" is seen as a turning point the eurozone's debt crisis, presides over his last policy meeting and news conference Thursday amid questions about unusually strong internal opposition to the latest...
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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 16, 2019 - 6:47 am

Eurozone inflation revised down to near 3-year lows

BRUSSELS (AP) — Inflation in the 19-country eurozone was revised down in September to its lowest rate in nearly three years as energy prices fell by more than initially thought, official figures showed Wednesday. In an update, statistics agency Eurostat found that consumer prices rose by an annual...
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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

European Central Bank minority opposed bond-buying stimulus

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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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

Eurozone inflation drops, underlining case for stimulus

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 man carrying a national flag walks with his colleagues past by a floral decoration for the 70th anniversary of the founding of the People's Republic of China, on display along Chang'an street in Beijing, Tuesday, Sept. 24, 2019. China's central bank governor says policy will stay "stable and healthy," suggesting Beijing has no plans to join the United States and Europe in cutting interest rates to stimulate economic growth. (AP Photo/Andy Wong)
September 24, 2019 - 4:02 am

China central bank says no plans for big economic stimulus

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 interest rates to stimulate economic growth amid a tariff war with Washington. The People's Bank of China...
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European Central Bank President Mario Draghi addresses European Parliament members at the European Parliament in Brussels, Monday, Sept. 23, 2019. (AP Photo/Francisco Seco)
September 23, 2019 - 12:35 pm

European Central Bank chief: governments must help economy

FRANKFURT, Germany (AP) — The head of the European Central Bank says the economy in the 19-country eurozone is not showing signs of a rebound and urged governments to help by spending more on top of the central bank's latest package of stimulus measures. Mario Draghi said in remarks Monday before...
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September 20, 2019 - 12:26 pm

2 Federal Reserve officials highlight deep divisions

WASHINGTON (AP) — Two Federal Reserve officials who dissented from this week's quarter-point rate cut on Friday highlighted the current deep divisions at the central bank. Eric Rosengren, head of the Fed's Boston regional bank and one of two officials who opposed the rate cut, said Friday that the...
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