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Central Bank

A collection of news and information related to Central Bank published by this site and its partners.

Top Central Bank Articles

Displaying items 1-11
  • Consumer price growth slows as energy costs decline

    Consumer price growth slows as energy costs decline
    Consumer prices grew last month at their slowest pace since February, as lower energy costs offset higher price tags for food and shelter, the Labor Department said Tuesday. The Consumer Price Index, a closely watched measure of inflation, rose a...
  • Behind the jargon at the IMF

    Given the chance to be a fly on the wall at any institution, few would choose the International Monetary Fund. As part of a series from the Writers in Residence nonprofit organization, novelist Geoff Dyer spent a fortnight on a U.S. aircraft carrier,...
  • Robust manufacturing output buoys U.S. economic outlook

    Robust manufacturing output buoys U.S. economic outlook
    WASHINGTON (Reuters) - U.S. manufacturing output rose broadly in July and automobile production recorded its largest increase in five years, boosting the economy at the start of the third quarter. While other data on Friday showed some cooling in factory...
  • Fed should not let economy overheat, Fisher tells CNBC

    (Reuters) - It would be dangerous for the Federal Reserve to allow the economy to overheat in order to push unemployment down further and faster, a top Fed official said on Friday. "I don't buy that argument that we should for example run an...
  • Dow drop: Good news at home could be to blame

    Dow drop: Good news at home could be to blame
    Believers in Goldilocks took a bite full of economic and stock market news Thursday that was too hot to swallow. Lately, investors have been lulled by the Goldilocks principle — nothing too hot or too cold. The stock market has continued rising...
  • Fed's Fisher sees 'significantly' earlier rate hike

    (Reuters) - Stronger U.S. economic data on jobs and inflation have moved the Federal Reserve significantly closer to its first rate hike, making it "very possible" early next year, a top U.S. central bank official said on Friday. "It would seem to me,...
  • Russia has reserves to ride out sanctions - assuming no panic

    LONDON/MOSCOW (Reuters) - Mathematically Russia has enough reserves to hold out for at least two years before Western sanctions start to choke the economy, but it must avoid reawakening the "sleeping dragon" of investor panic. At first glance the...
  • Fed Chairwoman Yellen says economic recovery incomplete

    Fed Chairwoman Yellen says economic recovery incomplete
    The U.S. economic recovery remains incomplete, with a still-ailing job market and stagnant wages justifying loose monetary policy for the foreseeable future, Federal Reserve Chair Janet Yellen told a Senate committee on Tuesday. In a strong defense of...
  • Yellen says economy must improve more before Fed raises interest rates

    Yellen says economy must improve more before Fed raises interest rates
    Warning of past "false dawns" in the economic recovery, Federal Reserve Chairwoman Janet L. Yellen said Tuesday that central bank policymakers need to be cautious about raising rock-bottom interest rates. Recent data indicate the economy has rebounded...
  • Fed stays course on policy but acknowledges rising inflation

    Despite the economic rebound and sharp drop in the unemployment rate recently, Federal Reserve officials still see considerable weakness in the labor market and remain very cautious about moving away from their easy-money policy. The Fed, in a statement...
  • U.S. economy grows at 4% annual rate in second quarter

    U.S. economy grows at 4% annual rate in second quarter
    The economy's strong second-quarter growth showed the recovery has regained momentum after a brutal winter and could signal a quicker end to the era of rock-bottom interest rates. The nation's total economic output, or gross domestic product,...