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Central bank interest rates
July 01, 2020
Fed minutes show concerns about severity of downturn
Federal Reserve officials last month expressed concerns about the severity of the economic downturn triggered by the ...
June 30, 2020
Fed's program for loaning to Main Street off to slow start
Michael Haith, owner and CEO of a Denver-based restaurant chain called Teriyaki Madness, is in an unusual position for people ...
June 29, 2020
Powell says US economy facing heightened uncertainty
Federal Reserve Chairman Jerome Powell says the outlook for the U.S. economy is “extraordinarily uncertain” and the success ...
June 17, 2020
Powell: A stronger job market is key to combating inequality
Federal Reserve Chairman Jerome Powell stressed Wednesday that the federal government's role in strengthening the U.S.
June 12, 2020
Fed says 'full range of tools' in play to counter pandemic
The Federal Reserve is promising to use its “full range of tools” to pull the country out of a recession brought on by a ...
June 11, 2020
Asian shares slide after Wall Street retreat
Asian shares were mostly lower Thursday, with Tokyo dropping more than 1% as the Japanese yen gained after the Federal ...
May 22, 2020
India's central bank cuts lending rate to 4% to aid economy
India’s central bank on Friday cut its key interest rate to 4% to counter the blow to the economy from the coronavirus ...
May 20, 2020
Fed officials worried in April about toll of deep recession
Federal Reserve officials last month worried about the coronavirus pandemic's toll on the U.S. economy, especially its impact ...
May 19, 2020
Report: Treasury fund to ease virus crisis off to slow start
The Treasury Department and Federal Reserve have lent hardly any money under a $500 billion fund created by the economic ...
April 30, 2020
With European economy in record drop, central bank gives aid
The European Central Bank is stepping up its efforts to cushion the economy against a record downturn that the bank's ...
April 30, 2020
Fed signals it will likely hold rates near zero for months
The Federal Reserve signaled Wednesday that it will keep its key short-term interest rate near zero for the foreseeable ...
March 27, 2020
India's central bank cuts benchmark rate to decade-low 4.4%
India’s central bank on Friday cut its key interest rate by a sizable 75 basis points to 4.4% from 5.15% to ease financing ...
March 24, 2020
Q&A: What did the Fed do Monday and who will it help?
The Federal Reserve took several aggressive steps Monday to support an economy ravaged by the effects of the coronavirus.
March 20, 2020
Stocks turn lower after New York tightens virus clampdown
Stocks turned lower Friday, giving up an early rally, after New York became the latest major state to mandate nearly all ...
March 16, 2020
Japan central bank boosts stimulus following Fed rate cut
The Bank of Japan joined other major central banks Monday in expanding its already unprecedented levels of monetary support ...
March 15, 2020
As virus roils markets, Trump again threatens Fed chairman
President Donald Trump said Saturday he had the power to fire or demote Federal Reserve Chairman Jerome Powell, adding new ...
March 13, 2020
Fed takes extra steps to sooth virus-rattled bond market
The Federal Reserve and the European Central Bank have taken large steps this week to try to calm financial markets and ...
March 07, 2020
Plunging yields force investors and Fed to rethink strategy
The response in stock markets to the growing risk from the coronavirus has been swift and fierce. But a better gauge of fear ...
March 06, 2020
Asian shares drop as virus fears grip markets again
Asian shares slipped Friday as fears about the virus outbreak once again dominated financial markets. Japan's benchmark ...
March 05, 2020
A record low on average 30-year fixed mortgage: 3.29%
Long-term U.S. mortgage rates have sunk to a record low, giving many homeowners an opening to refinance their loans to free ...
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