AP Top Stories December 19 P

(19 Dec 2018) Here are the top stories for Wednesday, Dec. 19th: Trump plans to withdraw all U.S. troops in Syria; Stocks plunge after Fed raises interest rates; Ryan bemoans U.S. politics in farewell speech; Yemeni mother overcomes travel ban to see dying son.

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US Fed chief paints favorable economic outlook

(28 Nov 2018) Federal Reserve Chairman Jerome Powell cast a bright picture of the U.S. economy Wednesday and appeared to suggest that the Fed might consider a pause in its interest rate hikes next year to assess the impact of its credit tightening. (Nov. 28)

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IMF chief defends rate hikes after Trump slams ‘crazy’ Fed

IMF chief Christine Lagarde defends central bank rate hikes, calling them a “necessary development”, after markets plunged in response to US president Donald Trump blasting the Fed for going “crazy” with plans to raise borrowing costs again. SOUNDBITE

AP Top Stories Sept. 26 P

(26 Sep 2018) Here’s the latest for Wednesday, Sept. 26: Trump’s open to changing mind on Kavanagh, Third Kavanaugh accuser submits allegation to Senate panel, Fed raises rates for 3rd time this year, and World’s first hydrogen commuter train in Germany.

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