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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
  • 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,...
  • 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 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...
  • Q&A With Voya Financial CEO Rodney Martin

     Q&A With Voya Financial CEO Rodney Martin
    — Voya Financial Chairman and CEO Rodney O. Martin Jr. came to the company in 2011 at a critical time, just as it was about to separate from its former Dutch parent, ING Groep N.V., and venture out on its own. The separation required a rebranding,...
  • Pay raises for recent college grads far below average

    Salaries for recent college graduates have risen at less than half the pace for all U.S. workers since the recession, an analysis by the Federal Reserve Bank of San Francisco found. The study, released Monday, found that median earnings for recent...
  • Why interest rates may stay very low for a lot longer

    Since the financial crash of 2008, one of the biggest guessing games in the U.S. economy and markets has centered on interest rates — and when they would finally rise from the historic lows that followed the Great Recession. But year after year,...
  • Half time for the economy and you

    In the beginning of the year, I dusted off the crystal ball and made some predictions about 2014. At mid-year, it's time to see how those guesstimates stack up. Economic growth: Who knew that Polar Vortex would put the deep freeze on 2014 economic...
  • 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,...
  • 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...
  • Fed expected to start reducing balance sheet next year, survey says

    Federal Reserve officials are expected to start slowly reducing the central bank's $4.2 trillion in assets next year after the end of a key stimulus program that has helped dramatically increase the size of its balance sheet, according to survey results...