Economic growth

Federal Reserve Chairman Jerome Powell speaks during a news conference following a two-day Federal Open Market Committee meeting in Washington, Wednesday, July 31, 2019. (AP Photo/Manuel Balce Ceneta)
July 31, 2019 - 4:58 pm
WASHINGTON (AP) — The Federal Reserve cut its key interest rate Wednesday for the first time in a decade to try to counter the impact of President Donald Trump's trade wars, stubbornly low inflation and global weakness. It left open the possibility of future rate cuts, but perhaps not as many as...
Read More
President Donald Trump, first lady Melania Trump, Polish President Andrzej Duda, and his wife Agata Kornhauser-Duda watch a flyover of a F-35 Lightning II jet at the White House, Wednesday, June 12, 2019, in Washington. (AP Photo/Alex Brandon)
June 12, 2019 - 5:50 pm
WASHINGTON (AP) — The United States will send 1,000 more troops to Poland as part of a growing security and economic partnership between the two countries, President Donald Trump said Wednesday. He and Polish President Andrzej Duda differed over Russia's intentions toward the U.S. ally. At a time...
Read More
Chief Economist and Director of Research Department at the IMF, Gita Gopinath, speaks during a news conference at the World Bank/IMF Spring Meetings, in Washington, Tuesday, April 9, 2019. (AP Photo/Jose Luis Magana)
April 09, 2019 - 10:17 am
WASHINGTON (AP) — The International Monetary Fund on Tuesday downgraded its outlook for growth in the United States, Europe, Japan and the overall global economy and pointed to heightened trade tensions as a key reason. The IMF expects the world economy to grow 3.3% this year, down from 3.6% in...
Read More
A view of the White House, Thursday, March 21, 2019, in Washington. (AP Photo/Evan Vucci)
March 21, 2019 - 5:42 pm
WASHINGTON (AP) — President Donald Trump says the economy would have grown much faster last year if the Federal Reserve had not been tightening credit last year. In a broadcast interview, Trump said without the Fed's rate hikes last year and moves to trim its bond holdings, the economy, as measured...
Read More