NICOSIA, Cyprus (AP) — Cyprus will keep limits on money transfers and withdrawals until it is more confident that its ailing banks will not face a
SEOUL, South Korea (AP) — South Korea's central bank cuts key rate for first time in 7 months to 2.5 percent.
Excerpts from recent editorials in newspapers in the United States and abroad: May 7
WELLINGTON, New Zealand (AP) — New Zealand's central bank has intervened in the currency market for the first time in five years to try to curb
DOWN, DOWN UNDER: Australia's central bank cut its key interest rate by a quarter percentage point to a record low 2.75 percent Tuesday in an
CANBERRA, Australia (AP) — Australia's central bank cut its key interest rate by a quarter percentage point to a record low 2.75 percent Tuesday
TORONTO (AP) — Canada's central bank on Thursday named its new governor to replace outgoing regulator Mark Carney, who is leaving to head the Bank
___ Oil drilling technology leaps, clean energy lags
NEW YORK (AP) — The price of oil rose more than 3 percent Thursday as the European Central Bank cut its key interest rate to a new low and U.S.
FRANKFURT, Germany (AP) — The European Central Bank influences the cost of borrowing in the economy of the 17-country eurozone by moving its key
The European Central Bank, which sets monetary policy for the 17 European Union countries that use the euro, cut its main interest rate by a
FRANKFURT, Germany (AP) — The European Central Bank and its president, Mario Draghi, have played a key role in fighting the government debt crisis
The European Central Bank cut its key interest rate Thursday by a quarter percentage point to a new all-time low of 0.5 percent, a move aimed at
BERLIN (AP) — European Central Bank cuts key rate by quarter point to new all-time low of 0.5 percent.
CUT COMING? The European Central Bank could cut interest rates Thursday because of fears the euro area's economy isn't recovering.
The Federal Reserve's chief policymaking group, the Federal Open Market Committee, has vast power over the economy through its ability to set monet