Federal Reserve

Stocks closed broadly higher Friday as investors bet that a report showing the U.S. added fewer jobs than expected last month increases the odds that the Federal Reserve will cut interest rates in coming months.

The latest on developments in financial markets (all times local): 9:35 a.m.

How the Fed and a series of trade barbs gave Wall Street a winning week.

President Trump and Federal Reserve Chairman Jerome Powell spoke briefly on the phone in April amid rising tension over interest rates, according to recently released documents.

The U.S. economy would be stronger if it weren't for interest rate hikes, said President Trump.

Gold is shining again as investors scramble for safety amid the widening global trade war.

The Latest on the European Central Bank's monetary policy meeting (all times local): 2:50 p.m.

In his speech on Tuesday, Powell stressed that policymakers would respond if inflation remains persistently low.

European Central Bank extends date of earliest interest rate increase to mid-2020 instead of end of year.

India's central bank has cut its key interest rate by a quarter of a percentage point to 5.75% from 6% with immediate effect to fortify the economy as consumer spending and corporate investment falter.

Investors pushed U.S. stocks higher in early trading Wednesday on Wall Street and extended a rally prompted by signs that the Federal Reserve is willing to cut rates to reinforce economic growth.

Former Reagan Budget Director David Stockman says interest rates should be normalized.

Almost all of the Fed’s 12 districts reported some gains over the past few months, the Fed said.

Shares surged Wednesday in Asia following a rally on Wall Street spurred by signs the Federal Reserve is ready to cut interest rates to support the U.S. economy against risks from escalating trade wars.

Traders are predicting a 55.9 percent chance of an interest rate cut in July.

U.S. stocks headed broadly higher in early trading Tuesday on Wall Street after comments from Mexico's foreign minister injected some optimism into a developing trade dispute.

Chairman Jerome Powell says the Federal Reserve is prepared to respond to the Trump administration's trade conflicts to protect the U.S. economic expansion if it decides that would be necessary.

___ Poor Americans likely to be hit hardest by new US tariffs PHOENIX (AP) — The biggest victims of President Donald Trump's tariffs won't necessarily be Mexicans or Chinese.

The Dow Jones Industrial Average jumped more than 500 points Tuesday as investors welcomed signals that the Federal Reserve may cut interest rates if multiple U.S. trade conflicts threaten the nation's economic expansion.

Euro Pacific Capital CEO Peter Schiff says don't underestimate China and Mexico.