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Bank of England Governor Mark Carney speaks during the Bank of England's financial stability report at the Bank of England in the City of London on Tuesday June 27, 2017. (Jonathan Brady/Pool via AP)
June 28, 2017 - 12:09 pm
FRANKFURT, Germany (AP) — The battered British pound rose sharply after the head of the Bank of England made remarks that could be seen as bringing an interest-rate increase closer. The pound traded 0.9 percent higher on the day at $1.2934. The pound's value against the U.S. dollar jumped after the...
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June 28, 2017 - 11:23 am
FRANKFURT, Germany (AP) — The battered British pound rose sharply after the head of the Bank of England made remarks that could be seen as bringing an interest-rate increase closer. The pound traded 1 percent higher on the day at $1.2938. The pound's value against the U.S. dollar jumped after the...
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FILE- In this Thursday, April 21, 2016 file photo president of European Central Bank, ECB, Mario Draghi speaks during a news conference after a meeting of the governing council in Frankfurt, Germany. Draghi said Tuesday, June 27, 2017 the bank's stimulus efforts need to be "persistent" even as the economy recovers and that any scaling back of support will come gradually.. (AP Photo/Michael Probst, file)
June 27, 2017 - 7:32 am
FRANKFURT, Germany (AP) — European Central Bank head Mario Draghi says the bank's stimulus efforts are still needed even as the economy gathers speed and that any scaling back will come gradually. Draghi's said in a speech Tuesday at an ECB conference in Sintra, Portugal, that "a considerable...
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June 27, 2017 - 5:39 am
FRANKFURT, Germany (AP) — European Central Bank head Mario Draghi says the bank's stimulus efforts need to be "persistent" even as the economy recovers and that any scaling back of support will come gradually. Draghi's said in a speech Tuesday at an ECB conference in Sintra, Portugal, that "there...
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A woman walks by an electronic stock board showing the Hang Seng Index at a bank in Hong Kong, Friday, June 23, 2017. Asian shares are ending the week on a subdued note with most indexes little changed Friday as the price of oil halted its decline, while still hovering near its lowest level in almost a year. (AP Photo/Kin Cheung)
June 23, 2017 - 8:10 am
LONDON (AP) — European stock markets edged lower Friday amid ongoing unease over the outlook for oil prices as well as a slightly disappointing economic survey. KEEPING SCORE: In Europe, France's CAC 40 shed 0.6 percent to 5,250 while Germany's DAX fell 0.7 percent to 12,701. Britain's FTSE 100...
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June 15, 2017 - 7:58 am
LONDON (AP) — The Bank of England is closer to raising interest rates for the first time in 10 years than many had expected, with a growing number of its rate-setters appearing worried about a spike in inflation that is eating into the living standards of the British. At its latest policy meeting...
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FILE - In this Thursday, March 23, 2017, file photo, Federal Reserve Chair Janet Yellen steps offstage after speaking at the Federal Reserve System Community Development Research Conference in Washington. There isn’t much suspense about what the Fed will announce when its latest policy meeting ends: That it’s raising its key short-term rate for the third time in six months. But anticipation surrounds the possibility that the Fed could signal policy shifts in a statement it will issue, in updated economic forecasts and in a news conference with Yellen. (AP Photo/Cliff Owen, File)
June 14, 2017 - 2:09 pm
WASHINGTON (AP) — The Latest on the Federal Reserve's monetary policy meeting (all times local): ___ 2:05 p.m. Federal Reserve policymakers lowered their forecasts for inflation and unemployment, and continued to predict they would raise rates once more this year. Fed officials now expect the U.S...
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Britain's Prime Minister Theresa May leaves after a cabinet meeting at 10 Downing Street after the general election in London, Monday, June 12, 2017.(AP Photo/Frank Augstein)
June 13, 2017 - 5:23 am
LONDON (AP) — The inflation rate in Britain has risen to its highest level in four years, as the drop in the pound since the Brexit vote pushes up the cost of living. The Office for National Statistics said Tuesday that consumer prices were up 2.9 percent on the year in May, from 2.7 percent in...
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FILE - In this Jan. 19, 2017 file photo, the President of the European Central Bank, Mario Draghi, is on his way to a news conference after a meeting of the governing council in Frankfurt, Germany. Europe's economy is surprising people with its strength. But don't look for the European Central Bank to signal a withdrawal from its stimulus efforts at a meeting on Thursday, June 8, 2017. ECB President Mario Draghi has been cautious in recent days, stressing that the economy still needs support, especially when it comes to inflation, which is still below what the bank considers ideal. (AP Photo/Michael Probst,file)
June 08, 2017 - 6:08 am
FRANKFURT, Germany (AP) — Economic growth across the 19-country eurozone was higher than previously thought in the first quarter of the year, official figures showed Friday, further good news for policymakers at the European Central Bank as they deliberate whether to ease up on their efforts to...
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A man walks past an electronic stock indicator of a securities firm in Tokyo, Monday, June 5, 2017. Asian stock markets were mixed on Monday following the London attack over the weekend and a private survey showing improvement in China's service sector. Stocks moved within a narrow range ahead of the week packed with political events and economic data from the United Kingdom's elections to China's export data. (AP Photo/Shizuo Kambayashi)
June 05, 2017 - 3:07 am
SEOUL, South Korea (AP) — Asian stock markets were mixed on Monday following the London attack over the weekend and a private survey showing improvement in China's service sector. Stocks moved within a narrow range ahead of the week packed with political events and economic data from the United...
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