Fiscal policy

German Chancellor Angela Merkel, right, talks to Vice Chancellor and Finance Minister Olaf Scholz, left, prior to the weekly cabinet meeting of the German government at the chancellery in Berlin, Tuesday, May 15, 2018. (AP Photo/Markus Schreiber)
May 15, 2018 - 3:49 am
BERLIN (AP) — German economic growth slowed to 0.3 percent in the first quarter, its weakest performance in more than a year, official data showed Tuesday. The quarter-on-quarter economic growth reported by the Federal Statistical Office compared with an expansion of 0.6 percent in the fourth...
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FILE - This June 19, 2015, file photo shows the Marriner S. Eccles Federal Reserve Board Building in Washington. The central bank is meeting this week as its board is undergoing a makeover, with a raft of new appointees by President Donald Trump who appear generally supportive of the Fed’s cautious approach to rates since the Great Recession ended. (AP Photo/Andrew Harnik, File)
May 02, 2018 - 3:13 am
WASHINGTON (AP) — The Federal Reserve achieved an inflation milestone this week, but that isn't likely to alter expectations for what the Fed will announce when its latest policy meeting ends Wednesday. After six years of mostly missing its annual 2 percent target for inflation, the Fed learned...
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FILE - In this Oct. 6, 2017, file photo, workers build an apartment and retail complex in Nashville, Tenn. On Friday, April 27, 2018, the Commerce Department issues its first estimate of how the U.S. economy performed in the January-March quarter. (AP Photo/Mark Humphrey, File)
April 27, 2018 - 3:36 pm
WASHINGTON (AP) — The U.S. economy slowed to a moderate 2.3 percent annual growth rate in the first quarter as consumer spending turned in the weakest performance in nearly five years. Still, the January-March increase came in better than expected, supporting hopes for a solid rebound for the rest...
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FILE - In this Thursday, Dec. 14, 2017 file photo, President of the European Central Bank Mario Draghi speaks during a news conference in Frankfurt, Germany. Weaker signals from the economy and worries about a trade war between the United State and China mean the European Central Bank is in no hurry at all to start withdrawing its monetary stimulus efforts. And that means markets and consumers will have to live with central bank interest rates at zero and in some cases below for a good while yet. (AP Photo/Michael Probst, file)
April 26, 2018 - 7:56 am
FRANKFURT, Germany (AP) — The European Central Bank has left its key interest rates and stimulus settings unchanged as it sizes up conflicting signs about how well the economy is doing in the 19 countries that use the euro. Markets are waiting to hear bank President Mario Draghi's assessment at a...
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April 12, 2018 - 1:33 pm
LANSING, Mich. (AP) — Michigan lawmakers voted Thursday to threaten a 10 percent state funding cut for any university that fails to comply with proposed new requirements prompted by the Larry Nassar sexual assault case at Michigan State. The unanimous vote from a House budget panel came a day after...
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April 12, 2018 - 7:33 am
FRANKFURT, Germany (AP) — Top officials at the European Central Bank were concerned about a strengthening euro and the possibility of a global trade war as they decided to go slow in removing economic stimulus. That view was contained in the written account released Thursday of the bank's March 8...
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House Speaker Paul Ryan of Wis., leaves a news conference after announcing that he will not run for re-election at the end of this term, Wednesday, April 11, 2018, on Capitol Hill in Washington. (AP Photo/Jacquelyn Martin)
April 11, 2018 - 4:22 pm
WASHINGTON (AP) — House Speaker Paul Ryan will leave Congress having achieved one of his career goals: rewriting the tax code. On his other defining aim — balancing the budget and cutting back benefit programs like Social Security, Medicare and Medicaid — Ryan has utterly failed. Ryan, a budget...
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FILE- In this March 7, 2018, file photo, a man standing on the bow of a Golden Gate Ferry takes a picture of a container ship as it heads toward the San Francisco-Oakland Bay Bridge in San Francisco. On Wednesday, March 28, the Commerce Department issues its final estimate of how the U.S. economy performed in the October-December quarter. (AP Photo/Eric Risberg, File)
March 28, 2018 - 12:26 pm
WASHINGTON (AP) — The U.S. economy grew at a solid 2.9 percent annual rate in the final three months of last year, a sharp upward revision that caps three quarters of the fastest growth in more than a decade. The Trump administration is hoping the economy will accelerate further this year, aided by...
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March 26, 2018 - 12:17 am
WASHINGTON (AP) — Business economists are expressing optimism that tax cuts and increased government spending will accelerate economic growth over the next two years. The latest survey by the National Association for Business Economics projects that the economy will grow 2.9 percent this year. That...
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President Donald Trump speaks in the Diplomatic Room of the White House in Washington, Friday, March 23, 2018, about the $1.3 trillion spending bill. (AP Photo/Manuel Balce Ceneta)
March 23, 2018 - 6:41 pm
WASHINGTON (AP) — President Donald Trump grudgingly signed a $1.3 trillion federal spending measure Friday and averted a midnight government shutdown — but only after undercutting his own negotiators and setting off a mini-panic with a last-minute veto threat. The episode further eroded the already...
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