The European Central Bank on Thursday became the first major central bank to raise interest rates in response to the Iran war.

Central bankers from around the world have expressed full support for U.S. Federal Reserve Chair Jerome Powell.

The Bank of England has kept its main U.K. interest rate unchanged at 4.50% even though the economy is barely growing and the nation faces more uncertainty in light of the tariff policies being enacted by the Trump administration in the U.S. The decision by the nine-member Monetary Policy Committee on Thursday was widely expected, and comes a day after the U.S. Federal Reserve also kept interest rates unchanged.

A top policymaker at the US Federal Reserve says that he still supports reducing interest rates this year, despite elevated inflation and the prospect of widespread tariffs.

The Czech Republic’s central bank has cut its key interest rate for the seventh time in a row as inflation remains low and amid the economy’s slow recovery.

The Bank of England is keeping its main interest rate unchanged at 5% despite a big cut from the U.S. Federal Reserve, its first since the onset of the coronavirus pandemic more than four years ago.

The Bank of England is cutting interest rates for the first time since the onset of the COVID-19 pandemic in early 2020.

The European Central Bank left its key interest rate benchmark unchanged Thursday as its rate-setting council and President Christine Lagarde take their time to make sure stubborn inflation is firmly under control before lowering rates again.

The European Central Bank cut its key interest rate by a quarter-point, moving ahead of the U.S. Federal Reserve as central banks around the world lean toward lowering borrowing costs — a shift with far-reaching consequences for home buyers, savers and investors.

Inflation ticked up to an annual 2.6% in Europe in May.

The Czech Republic’s central bank has cut its key interest rate for the fourth straight time as inflation dropped and the economy has shown signs of recovery.

Asian shares are mostly declining after a Federal Reserve official said the central bank might not deliver any of the cuts to interest rates this year that Wall Street has been counting on.

Asian shares are trading mixed as investors await further indications of future U.S. interest rate cuts.

The Bank of England has kept its main interest rate unchanged at a 16-year high even though inflation continues to drop from multi-decade peaks.

The number of Americans applying for jobless benefits fell to its lowest level in five weeks, even as more high-profile companies announce layoffs.

Fewer Americans filed for jobless claims last week as the labor market continues to show resilience in the face of elevated interest rates.

The Czech Republic’s central bank has cut its key interest rate for the second straight time in an effort to help the struggling economy.

The number of Americans filing for jobless claims fell last week despite more layoff announcements from high-profile companies recently.

The number of Americans filing for jobless benefits rose last week to the highest level in 11 weeks, though layoffs remain at historically low levels.

The tide turned against inflation.

Asian shares have retreated after rising bond market yields once again weighed on Wall Street.

Asian shares are surging after the U.S. Federal Reserve indicated it may not need to pump the brakes any harder on Wall Street and the economy.

The European Central Bank has hiked its key interest rate to a record high.

The Bank of England has raised its main interest rate to a fresh 15-year high as it tries to bring down persistently high inflation.

The head of the International Monetary Fund has praised the European Central Bank’s decision to raise interest rate for the eighth time in a row.

The European Central Bank has pressed ahead with another interest rate hike and is making clear more are on the way.

Major central banks are standing down from their offer of daily emergency dollar loans to banks, a crisis step launched after the collapse of Silicon Valley Bank in the U.S. fed fears about the stability of the global financial system.

Markets this year are roiling, uncertainty abounds and the U.S. government has had to step in to rescue two large American banks in recent days.

The European Central Bank has carried through with a large interest rate increase, brushing aside predictions it might dial back as U.S. bank collapses and troubles at Credit Suisse feed fears about the impact of higher rates on the global banking system.

Asian shares have fallen as investors around the world watch to see what's next following the second- and third-largest bank failures in U.S. history.

The European Central Bank has hiked interest rates by another half-point and vows a similar hike at its next meeting.

The Bank of England has announced another “forceful” increase in interest rates.

Asian shares are mostly lower in muted trading as investors await decisions on interest rates and on earnings reports from around the world.

Official figures show that Germany’s economy shrank by 0.2% in the fourth quarter compared with the previous three-month period.

Asian stock markets have slid further amid gloom about weaker global economic growth as central banks raise interest rates to cool inflation.

Asian shares have mostly declined as investors looked ahead to a widely expected interest rate hike by the U.S. Federal Reserve in its bid to squash the highest inflation in decades.

Asian benchmarks are rising, cheered by gains on Wall Street as comments from the Federal Reserve chairman assured markets on the expected rate rise.

Asian shares are mostly lower, as pessimism prevailed about higher interest rates ahead and Wall Street continued a slump.

Asian shares are trading lower, echoing a broad sell-off on Wall Street amid speculation about another interest rate raise from the U.S. Federal Reserve.

The highest level of inflation in decades has people across San Antonio and the country worried about the decreasing power of their paychecks, but the Federal Reserve’s series of interest rate hikes will affect you, too. KSAT talks with the experts about how.

The Bank of England has raised interest rates by a quarter-percentage point, shrugging off pressure for a bolder move to combat price increases that have pushed inflation to a 40-year high.

Britain’s inflation rate has risen to the highest level in 40 years as Russia's war in Ukraine fueled further increases in food and fuel prices.

The Bank of England has raised its key interest rate to the highest level in 13 years.

Asian shares are mixed in light “Golden Week" trading with markets in China, Japan and some other countries closed for holidays.

Stocks are mostly higher in Asia after a rally on Wall Street led by technology companies.

The Bank of England has raised interest rates for the second time in three months.

Asian shares are mixed in muted trading, as many stayed on the sidelines ahead of a U.S. Federal Reserve meeting that will indicate how aggressive it will be in fighting inflation.

Asian shares are mostly lower as worries about inflation set off expectations the U.S. Federal Reserve might accelerate its plans to raise interest rates.

British homeowners and borrowers are bracing for a possible interest rate increase from the Bank of England.

Asian shares are mixed amid cautious trading ahead of a Federal Reserve Open Market Committee meeting.

European Central Bank head Christine Lagarde says Europe's monetary authority isn't about to “overreact” to temporary inflation by tightening policy.

Asian shares are mixed amid concerns over troubled Chinese real estate developer Evergrande and over the pandemic.

The European Central Bank says it is dialing back some of its massive emergency pandemic support for the economy.

Asian shares are mostly higher as investors interpreted comments from the head of the U.S. Federal Reserve as signaling low interest rates were here to stay for some time.

Asian stock markets are mixed as investors await more guidance on the U.S. Federal Reserve’s easing plans.

Asian shares are mixed in quiet trading ahead of a U.S. Federal Reserve meeting that may yield clues on what lies ahead with its massive support for markets.

The European Central Bank is likely to say it's too early to withdraw its stimulus at its meeting on Thursday.

FILE - In this Nov. 5, 2020 file photo, a sign for Wall Street is carved in the side of a building. Banks and energy stocks are leading major U.S. indexes mostly lower in the early going on Wall Street, while gains for some Big Tech companies like Microsoft nudged the Nasdaq slightly higher. (AP Photo/Mark Lennihan, File)BEIJING – Asian stock markets followed Wall Street lower Wednesday after European governments extended anti-coronavirus lockdowns, clouding the outlook for economic recovery. Overnight, Wall Street gave up most of the previous day's gains as technology, industrial and bank stocks fell. On Wall Street, the benchmark S&P 500 fell 0.8% on Tuesday to 3,910.52.

A man walks past a bank's electronic board showing the Hong Kong share index at Hong Kong Stock Exchange Tuesday, March 23, 2021. Asian stock markets were mixed Tuesday after Wall Street rose on gains for tech stocks and reassurance by the U.S. Federal Reserve of support for an economic recovery. (AP Photo/Vincent Yu)TOKYO – Asian stock markets were mixed Tuesday after Wall Street rose on gains for tech stocks and reassurance by the U.S. Federal Reserve of support for an economic recovery. Overnight, Wall Street's benchmark S&P 500 index rose 0.7% as big technology companies led stocks broadly higher. The possibility of higher interest rates as yields rise has some investors concerned economic growth might slow.

Asian stock markets followed Wall Street lower on Friday after rising U.S. bond yields pulled stocks lower, dampening enthusiasm driven by the Federal Reserve's promise of low interest rates. (AP Photo/Eugene Hoshiko)BEIJING – Asian stock markets followed Wall Street lower on Friday after rising U.S. bond yields dampened buying enthusiasm driven by the Federal Reserve's promise of low interest rates. Overnight, Wall Street's benchmark S&P 500 index closed down 1.5%, putting it on track for its first weekly loss in three weeks. The S&P 500 fell to 3,915.46. Bank stocks did well because investors bet higher interest rates would translate into higher profits.

The latest vaccine developments are also helping to raise hopes that some normalcy will eventually be restored to everyday life and the economy. The S&P 500 rose 0.6% to 3,577.59 on Monday. Roughly 73% of the stocks in the S&P 500 rose. Even with its weekly decline last week, the S&P 500 is on track for a 9.4% gain this month. The string of upbeat news about vaccine development has been butting up against increased caution as the virus continues to threaten the economy.

BEIJING – Asian stocks rose Monday as investors looked ahead to quarterly U.S. economic data amid unease about anti-coronavirus curbs on business and wrangling over the American presidential election. Investors looked ahead to third-quarter U.S. economic growth data due out Wednesday after Wall Street’s benchmark S&P 500 index ended last week down as rising infection numbers collided with optimism about a possible vaccine. He noted U.S. economic data are “beginning to wobble a bit.”The Shanghai Composite Index rose 0.6% to 3,397.32 while the Hang Seng in Hong Kong lost 0.2% to 26,388.89. Those hopes have been tempered by the reality of the weeks or months required to test, produce and distribute a possible vaccine even if it is successful. Also Monday, Singapore revised up its third-quarter economic growth to a contraction of 5.8% over a year earlier, an improvement from the previous estimate of a 7% drop.

FRANKFURT – Three of the globe's top central bankers said their economies continue to need help despite progress toward a COVID-19 vaccine, with U.S. Federal Reserve Chair Jerome Powell saying that the U.S. Congress “may need to do more” to cushion the blow from the pandemic. All three central banks have deployed large-scale stimulus such as interest rate cuts and bond purchases that aim to keep borrowing costs affordable for businesses. A multi-trillion-dollar stimulus, enacted in the spring, had helped sustain jobless Americans and ailing businesses but has since expired. “We’re recovering to a different economy,” he said, and there will be a substantial number of workers who will need support as the economy is changed by the pandemic. The Fed is buying $120 billion a month in bonds — $80 billion in Treasurys and $40 billion in mortgage bonds — to try to keep long-term borrowing costs low.

BEIJING – Wall Street's best week since April is taking its first breather, and stocks are mixed on Friday following their big rally on enthusiasm about the upside of potential gridlock in Washington. Optimism was still pumping through other areas of the market, though, and Treasury yields climbed after a report showed U.S. employers hired more workers last month than economists expected. They're the latest swings in a wild week dominated by Tuesday's election, where the winner of the White House is still unknown. The yield on the 10-year Treasury climbed to 0.81% from 0.78% late Thursday after the U.S. government said employers added 638,000 jobs last month. If the election drags on through court challenges, the resulting rise in uncertainty could send stocks spinning, analysts say.

TOKYO – Asian stock markets followed Wall Street higher on Tuesday as investors watched for U.S. election results, hoping a win by challenger Joe Biden in the presidential race might lead to more economic stimulus. Traders are betting that Biden might push for a bigger U.S. stimulus if he unseats President Donald Trump. On Monday, Wall Street closed higher amid indications Biden might be leading. Markets are uneasy about rising infection rates in Europe, which are prompting more governments to reimpose restrictions on travel and business. On Wall Street, the benchmark S&P 500 index rose 1.2% to 3,310.24.

FILE - In this Jan. 3, 2020 file photo, the Wall St. street sign is framed by American flags flying outside the New York Stock Exchange in New York. Stocks are falling early on Wall Street Thursday, Sept. 17, as the late selling from the previous day carries over. (AP Photo/Mary Altaffer, File)Asian shares were slightly higher Friday despite some investor attention shifting again to the uncertainties in global economies amid the coronavirus pandemic, as reflected in the overnight fall on Wall Street. Another slide in technology companies helped pull stocks lower on Wall Street Thursday, extending losses from the day before. The statement failed to encourage Wall Street and the S&P 500 recorded its first loss in four days Wednesday.

Shares were mostly higher in Asia on Wednesday after advances for big technology companies carried Wall Street to further gains overnight. Benchmarks rose modestly in Tokyo and jumped in Sydney, but fell back in Hong Kong, Seoul and Shanghai. Tokyo's Nikkei 225 edged 0.1% higher to 23,475.53 while the Hang Seng in Hong Kong lost 0.2%, to 24,682.78. Shares rose in Taiwan and were mostly higher in Southeast Asia. Stocks of smaller companies eked out a tiny gain, with the Russell 2000 index of small-caps picking up 0.1% to 1,538.15.

Asian stock markets rose Thursday after Wall Street turned in its biggest daily gain since July despite uncertainty about the global outlook. (AP Photo/Lee Jin-man)Most major stock markets and U.S. futures rose Thursday after Wall Street surged to its biggest daily gain since July despite uncertainty about the global outlook. Forecasters warn the stock market recovery might be running too far ahead of economic activity as the United States and some other countries reimpose anti-virus controls that hamper business. U.S. stocks have gained despite lack of agreement in Congress on a new economic aid package with additional unemployment benefits to support consumer spending. "Bullish stock market sentiment seems to be nearing a tentative peak as the labor market recovery stalls," said Edward Moya of Oanda in a report.

TOKYO Asian stock markets rose Thursday after Wall Street turned in its biggest daily gain since July despite uncertainty about the global outlook. Wall Street's benchmark S&P 500 index gained 1.5% on Wednesday after a report on hiring that some analyst said might indicate the U.S. job market recovery could be fading. Forecasters warn the stock market recovery might be running too far ahead of economic activity as the United States and some other countries reimpose anti-virus controls that hamper business. Record highs on Wall St make a mockery of policymakers grasping for recourse to the worst downturn in decades.The Shanghai Composite Index rose 0.2% to 3,413.13 while the Nikkei 225 in Tokyo gained 1.3% to 23,556.26. "Bullish stock market sentiment seems to be nearing a tentative peak as the labor market recovery stalls," Edward Moya of Oanda said in a report.