Federal Reserve

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.

Asian markets were mixed on Monday as concerns over trade tensions moved to the forefront at the meeting this weekend of the Group of 20 industrial nations.

U.S. Treasury Secretary Steven Mnuchin said Saturday that Donald Trump was not trying to put pressure on the Federal Reserve when he criticized its decision to raise interest rates.

President Trump criticized the Federal Reserve for hiking interest rates earlier this week.

President Donald Trump said he's willing to hit all goods imported from China with tariffs, sending U.S. markets sliding before the opening bell.

US stocks are drifting between small gains and losses as traders shrug off the latest trade threats from President Donald Trump and focus on company earnings reports, which contained some better-than-expected results from big names including Microsoft.

The Latest on rising trade tensions following comments by President Donald Trump (all times local): 9:13 a.m.

China's central bank is allowing its tightly controlled yuan to drift lower against the dollar, a move that could help exporters cope with U.S. tariff hikes but raises the risk of reigniting an outflow of capital Beijing spent months trying to stanch.

President Donald Trump is casting aside concerns about the Federal Reserve's independence and saying he's "not happy" with the central bank's interest rate increases.