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Metals Stocks: Gold prices climb by more than 1% after ECB unleashes basket of easy-money measures
Gold futures are on track to mark a second consecutive gain Thursday after the European Central Bank cut key eurozone interest rates and delivered a batch of measures intended to punch up the region’s sluggish economy — bullish moves for bullion......»»
Wall St. dips at open as corporate earnings point to slowing growth
Wall Street opened slightly lower on Thursday after a clutch of earnings reports pointed to a slowing global economy, while the European Central Bank opening the door to future interest rate cuts limited losses......»»
Wall Street dips at open as coporate earnings point to slowing growth
Wall Street opened slightly lower on Thursday after a clutch of earnings reports pointed to a slowing global economy, while the European Central Bank opening the door to future interest rate cuts limited losses......»»
South Korea’s Economy Is Tanking. Samsung’s On It
The central bank looks frozen as exports slide and growth sputters. The country’s biggest company, meanwhile, has sounded the alarm......»»
China"s central bank adviser says U.S. tariffs could cut GDP growth by 0.3 percentage points
Plans by Washington to hike tariffs on $200 billion of Chinese goods could cut China's growth by 0.3 percentage points but the strengthening economy has become more resilient to external shocks, a Chinese central bank adviser said on Friday......»»
Fed rebuts Trump"s claims that policy is hurting the economy
The St. Louis Fed said the central bank's move to reduce the level of bonds on its balance sheet will not have any noticeable negative impact on growth......»»
Asia stocks spooked as ECB sounds growth alarm
Asian stocks shuddered lower on Friday after the European Central Bank slashed its growth forecasts and surprised everyone with a new of policy stimulus, leaving investors fearing the worst for the global economy......»»
Dow slides 200 points, posts 4-day drop
Stocks fell on Thursday after the European Central Bank slashed its economic growth forecast for 2019 and announced a new round of stimulus to help banks in the region, stoking worries over the global economy......»»
Asia stocks shudder as ECB reversal spooks markets
Asian stocks shuddered lower on Friday after the European Central Bank slashed its growth forecasts and launched an emergency round of policy stimulus, leaving investors fearing the worst for the global economy......»»
ECB Seeks Clarity on Economy Before Next Move
European Central Bank President Mario Draghi said policy makers needed to better understand what has caused a moderation in economic growth before they can decide on the future of the bank’s bond-buying program......»»
ECB Signals Faith in Economy as It Maintains Policy Mix
European Central Bank President Mario Draghi said he expects economic growth in the eurozone to remain solid, indicating that signs of a slowdown haven’t prompted policy makers to reassess their stimulus policies......»»
New Zealand central bank governor says economy in sweet spot
New Zealand's new central bank governor says he has started his job with the economy in a sweet spot thanks to robust growth, high levels of employment and low inflation......»»
Trump"s Fed nominees say they will "absolutely" keep the central bank independent of the White House
The Fed is in the process of raising interest rates now that unemployment is on track to hit the lowest level since the 1960s, and growth and inflation show signs of picking up......»»
The Fed: Upbeat ‘Beige Book’ prognosis of economy keeps Fed on track for June rate hike
The Federal Reserve said the U.S. grew “moderately†from late April to early May in its latest evaluation of the economy, indicating the central bank remains firmly on track to raise interest rates next month......»»
Powell Says Solid Economy Supports More Fed Rate Rises
Fed Chairman Jerome Powell said economic growth has built a strong case for continuing to lift interest rates, and he warned against policy complacency now that the central bank has nearly achieved its employment and price stability goals......»»
Powell Says Fed Should Keep Gradually Raising Interest Rates
Federal Reserve Chairman Jerome Powell told a Senate panel strong economic growth and stable inflation should keep the central bank on track to gradually raise short-term interest rates......»»
North Korean economy "shrinking at fastest rate in 20 years"
North Korea’s economy contracted at the sharpest rate in two decades in 2017 South Korea’s central bank says, in a clear sign international sanctions imposed to stop Pyongyang’s nuclear and missile programmes have hit growth hard. Grace Lee reports......»»
Fed leaves rates unchanged, stays on course for September hike
The U.S. Federal Reserve kept interest rates unchanged on Wednesday but characterized the economy as strong, keeping the central bank on track to increase borrowing costs in September......»»
Fed holds rates, stays on course for September hike
The U.S. Federal Reserve kept interest rates unchanged Wednesday, characterizing the economy as strong and keeping the central bank on track to increase borrowing costs in September......»»
Fed holds rates, stays on course for September hike
The U.S. Federal Reserve kept interest rates unchanged Wednesday, characterizing the economy as strong and keeping the central bank on track to increase borrowing costs in September......»»