Federal Reserve

The Latest on Turkey's currency crisis (all times local): 11:35 a.m.

Turkey's Central Bank has announced a series of measures to help banks manage their liquidity, after the country's finance chief said the government had readied an "action plan" to ease market concerns that led to a slump in the value of Turkish currency.

U.S. stocks are skidding Friday morning after a sharp drop in Europe as investors worried about the financial stability of Turkey.

China has tightened controls on trading in its yuan in a possible effort to stop a decline against the U.S. dollar that has raised the danger of an outflow of capital from the world's second-largest economy.

Venezuela's socialist government says it is relaxing strict controls that for years have limited currency exchanges, choking the economy.

The Bank of England is expected to raise its benchmark interest rate Thursday for only the second time since the 2008 financial crisis as it weighs a strong jobs market and high inflation against the growing concerns about the economic impact of Brexit.

The Latest on the Bank of England's monetary policy announcement (all times local): 12:00 p.m.

Asian shares slipped Thursday, tracking losses overnight on Wall Street, where investors sold industrial stocks following reports that the Trump administration is considering a higher tax rate on Chinese imports.

The Federal Reserve is leaving its benchmark interest rate unchanged while signaling further gradual rate hikes in the months ahead as long as the economy stays healthy.

The central bank is expected to hike rates two more times before the end of 2018.

India's central bank has raised its key interest rate by a quarter of a percentage point to 6.5 percent, saying that global growth has become uneven and risks to the outlook have increased with rising trade tensions.

When the Federal Reserve wraps up its latest meeting, it is likely to point to strong growth in the economy, low unemployment and rising inflation as reasons to stay on its current path of gradually raising interest rates.

Asian markets were mostly higher on Tuesday after the Bank of Japan decided to keep its monetary policy steady while allowing some flexibility to achieve yield targets.

Meeting begins Tuesday, with rate decision on Wednesday.

Technology stocks continued to fall in early trading on Monday, following up on their sharp losses at the end of last week.

A stronger reading on U.S. economic growth last quarter likely would have given the Fed more reason to accelerate rate hikes.

The European Central Bank is stressing that interest rates will stay low well into next year even as the U.S. Federal Reserve is expected to keep raising rates in coming months.

The Latest on the European Central Bank's monetary policy meeting (all times local): 2:45 p.m.

European Central Bank keeps its key interest rates, stimulus settings on hold.

Turkey's central bank, in a closely monitored move, has not increased its main interest rate, raising questions over its independence.