Fiscal policy

This Thursday, Oct. 16, 2014 file photo shows President and CEO of the Federal Reserve Bank of Boston Eric Rosengren in Chelsea, Mass. Rosengren,s who opposed the September 2019 quarter-point rate cut, says that the additional stimulus was not needed. (AP Photo/Michael Dwyer)
September 20, 2019 - 12:36 pm
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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FILE - In this May 24, 2016 file photo, Republican then-presidential candidate Donald Trump speaks at a campaign event in Albuquerque, N.M. New Mexico law enforcement agencies are prepping for an upcoming Trump rally in Rio Rancho, N.M. on Monday, Sept. 16, 2019, three years after previous ones turned violent in Albuquerque. (AP Photo/Brennan Linsley, File)
September 15, 2019 - 1:40 pm
SANTA FE, N.M. (AP) — Donald Trump lost New Mexico by 8 percentage points in 2016. Last year, his party lost a House seat and the governor's mansion. Last week, a congressional candidate went viral by taunting the president by name in an ad. Still, Trump is headed to New Mexico on Monday for a...
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FILE - In this March 2, 2018 file photo, a worker cleans big machine parts of presses manufacturer Schüler AG in Goeppingen, Germany. German factory orders, a leading indicator of the health of Europe's biggest economy, dropped strongly in July, erasing gains from the previous month. The Federal Statistical Office reported Thursday industrial orders dropped 2.7% in July over June when adjusted for seasonal and calendar factors, wiping out a 2.7% June increase. (Marijan Murat/dpa via AP)
September 12, 2019 - 5:19 pm
WASHINGTON (AP) — The Federal Reserve and the European Central Bank are struggling mightily to invigorate their economies at a time when growth is slowing, governments remain on the sidelines and the banks' usual stimulative tools appear less effective than in the past. On Thursday, the ECB...
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FILE - In this July 16, 2019, file photo an American flag flies on the Capitol Dome in Washington. On Thursday, Sept. 12, the Treasury Department releases federal budget data for August. (AP Photo/Carolyn Kaster, File)
September 12, 2019 - 3:49 pm
WASHINGTON (AP) — The U.S. government's budget deficit increased by $169 billion to $1.07 trillion in the first 11 months of this budget year as spending grew faster than tax collections. The Treasury Department reported Thursday that the deficit with just one month left in the budget year is up 18...
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Incoming President of the European Central Bank Christine Lagarde speaks to the European Parliament's Economic and Monetary Affairs Committee in Brussels, Wednesday, Sept. 4, 2019. (AP Photo/Francisco Seco)
September 04, 2019 - 12:28 pm
FRANKFURT, Germany (AP) — Incoming European Central Bank head Christine Lagarde is defending the bank's record low rates and other stimulus measures as she prepares to take over with the economy facing trouble from trade wars and Brexit. During hearings in the European parliament, Lagarde said...
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A woman looks at an electronic stock board of a securities firm in Tokyo, Monday, Sept. 2, 2019. Asian stock markets are mixed after Washington and Beijing stepped up their trade war with a new round of tariff hikes. (AP Photo/Koji Sasahara)
September 02, 2019 - 5:34 am
BEIJING (AP) — European stock markets opened higher while Asia was mixed Monday after Washington and Beijing escalated their war over trade and technology with new tariff hikes. Benchmarks in London, Paris and Shanghai advanced. Tokyo and Hong Kong declined. Markets reacted less strongly to the...
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Two people steer their paddle boards over the river Main with the buildings of the banking district in background in Frankfurt, Germany, late Tuesday, Aug. 27, 2019. (AP Photo/Michael Probst)
August 30, 2019 - 5:34 am
BRUSSELS (AP) — Inflation in the 19-country eurozone was stuck at a low annual rate of 1% in August, potentially bolstering the argument for the European Central Bank to provide more stimulus to the economy when it meets next month. Statistics agency Eurostat said Friday that the inflation rate was...
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In this Jan. 6, 2011 file photo, a young woman stumbles as she tries to carry a large basket of coal as they illegally scavenge at an open-cast mine in the village of Bokapahari in the eastern Indian state of Jharkhand where a community of coal scavengers live and work. India has decided to liberalize foreign direct investment in domestic manufacturing, coal mining and digital media and will also allow single-brand retailers to start online sales to infuse capital into the country and boost its economy. (AP Photo/Kevin Frayer, File)
August 28, 2019 - 12:34 pm
NEW DELHI (AP) — India decided Wednesday to liberalize foreign direct investment in domestic manufacturing, coal mining and digital media, and also allow single-brand retailers to start online sales to infuse capital into the country and boost its economy. Commerce and Industry Minister Piyush...
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FILE - This photo from Tuesday, Oct. 25, 2016 shows then Republican presidential candidate Donald Trump speaking at a campaign event with employees at Trump National Doral in Miami. President Donald Trump was in full sales mode Monday, Aug. 26, 2019, doing everything but passing out brochures as he touted the features that would make the Doral golf resort the ideal place for the next G7 Summit _ close to the airport, plenty of hotel rooms, separate buildings for every delegation, even top facilities for the media. (AP Photo/Evan Vucci, File)
August 26, 2019 - 8:14 pm
MIAMI (AP) — President Donald Trump was in full sales mode Monday, doing everything but pass out brochures as he touted the features that would make the Doral golf resort the ideal place for the next G-7 Summit — close to the airport, plenty of hotel rooms, separate buildings for every delegation,...
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FILE - In this Thursday, May 16, 2019 photo cars for export and import are stored in front of containers at the harbor in Bremerhaven, Germany. The German economy shrank by 0.1 percent in the second quarter as global trade conflicts and troubles in the auto industry weighed on Europe's largest economy. (AP Photo/Martin Meissner, file)
August 14, 2019 - 5:21 am
FRANKFURT, Germany (AP) — The German economy shrank by 0.1 percent in the second quarter from the previous three-month period as global trade conflicts and troubles in the auto industry weighed on Europe's largest economy. The state statistics agency Destatis said Wednesday that falling exports...
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