Tag: central bank

March 20, 2020

U.S. stocks moved higher Friday, capping a turbulent week on hopes government and central bank action can shield the global economy from the coronavirus pandemic. The Dow Jones Industrial Average rose 300 points, after a relatively modest change a day […]

December 17, 2019

On Nov. 25, 2008, the Federal Reserve launched the shot heard around the financial world. The U.S. central bank announced it would start using digitally created money to buy mortgage debt in an effort to drive down interest rates and […]

October 22, 2019

Wall Street is getting worried that the Federal Reserve’s aggressive efforts to control short-term borrowing rates have run into some potholes, with more danger ahead. The central bank has been working feverishly to address issues that popped up more than […]

July 11, 2019

Stocks climbed on Thursday after Federal Reserve Chair Jerome Powell signaled the central bank would lower interest rates this month, reassuring investors who had feared robust US employment data would take a cut off the table. “A July rate cut […]

July 9, 2019

World stocks dropped on Tuesday as investors braced for the Federal Reserve to signal it could temper or scrap expected cuts to interest rates this month. German equities tumbled after a BASF profit warning dragged on sentiment. Traders will be […]

July 20, 2018

North Korea’s economy has shifted into reverse following the introduction of crippling international sanctions targeting its nuclear weapons program. Estimates released by South Korea’s central bank show that North Korea’s economy shrank by 3.5% in 2017. This year is likely […]

June 18, 2018

As the second half of the year approaches, investors are looking at what might impact their investments. From trade issues to political uncertainty and central bank policy, there are a number of factors to assess. Nonetheless, the consensus view suggests […]

June 13, 2018

Global shares mostly fell Wednesday but Japan’s benchmark finished slightly higher after a muted market response to the U.S.-North Korean summit. Investors have now turned their eyes to this week’s three central bank meetings. KEEPING SCORE: France’s CAC 40 was […]

August 23, 2017

Stocks around the world jumped on Tuesday, and the Standard & Poor’s 500 had one of its best days of the year, as markets put a shaky last couple of weeks further behind them. Shares of technology companies and retailers […]

November 18, 2015

Federal Reserve Chair Janet Yellen said she strongly opposes a legislative reform act of the central bank. In a letter Monday to House Speaker Paul Ryan and Minority Leader Nancy Pelosi, Yellen called the proposed law a “grave mistake,” that […]