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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 100-110
  • Yellen says Fed's 'extraordinary commitment' still needed

    WASHINGTON -- Federal Reserve Chairwoman Janet Yellen, saying the job market is far from normal, made clear Monday that the central bank remains committed to providing extraordinary support for the economy for some time to come. Yellen’s remarks...
  • Despite big jump in food prices, inflation remained tame last month

    Despite big jump in food prices, inflation remained tame last month
    WASHINGTON -- Despite a sharp jump in food costs, consumer prices increased just 0.1% last month in an indication inflation remains in check, the Labor Department said Tuesday. Over the previous year, the consumer price index has risen 1.1%. The...
  • Janet Yellen and the Federal Reserve: What to watch for Wednesday

    Janet Yellen and the Federal Reserve: What to watch for Wednesday
    WASHINGTON -- Janet L. Yellen, who broke the Federal Reserve's glass ceiling, marks two more milestones Wednesday, wrapping up her initial policymaking meeting as chairwoman then facing reporters' questions for the first time since taking office last...
  • Federal Reserve again reduces bond purchases, keeps key rate near zero

    Federal Reserve again reduces bond purchases, keeps key rate near zero
    WASHINGTON -- Federal Reserve policymakers voted Wednesday to continue reducing their bond-buying stimulus program and said they no longer would consider raising its near-zero interest rate once the unemployment rate fell below 6.5%. The Federal Open...
  • Fed official says weak data caused by weather, should not slow taper

    Fed official says weak data caused by weather, should not slow taper
    Bad weather is largely responsible for some recent weak economic data and should not lead the Federal Reserve to stop reducing a key stimulus program, a top central bank official said Monday. Instead, with economic growth still forecast to pick up...
  • Federal Reserve nominee Stanley Fischer defends Citigroup tenure

    Federal Reserve nominee Stanley Fischer defends Citigroup tenure
    WASHINGTON -- Stanley Fischer, the former Bank of Israel president nominated for the Federal Reserve's No. 2 job, defended his work on Wall Street and told senators at his confirmation hearing Thursday that he understood the effect of economic problems on...
  • Bernanke to write book about Fed's handling of Great Recession

    Bernanke to write book about Fed's handling of Great Recession
    Former Federal Reserve Chairman Ben S. Bernanke first gained prominence writing about the Great Depression. Now he plans a memoir to defend how he and other officials battled the biggest crisis and economic downturn since then. “I'd like to be...
  • U.S. suspends trade, investment talks with Russia over Ukraine

    U.S. suspends trade, investment talks with Russia over Ukraine
    (Reuters) - The United States has put trade and investment talks with Russia on hold as a rebuke for Russia's incursion into Ukraine, a U.S. official said on Monday. "We have suspended upcoming bilateral trade and investment engagement with the...
  • Bernanke says Fed could have been more aggressive in fighting crisis

    Bernanke says Fed could have been more aggressive in fighting crisis
    Although the Federal Reserve has been criticized for its unprecedented efforts to fight the 2008 financial crisis, former Fed chief Ben S. Bernanke said Tuesday the central bank could have done more. "Although we have been very aggressive, I think on...
  • Fed district chief expects central bank's stimulus cuts to continue

    Fed district chief expects central bank's stimulus cuts to continue
    WASHINGTON — Brutal winter weather contributed to a downturn in job growth and other economic data, raising questions about the strength of the recovery and testing the Federal Reserve's resolve in unwinding its key bond-buying stimulus program....
  • Transcripts detail Fed's struggles amid 2008 financial crisis

    Transcripts detail Fed's struggles amid 2008 financial crisis
    WASHINGTON — The day after Lehman Bros. filed for bankruptcy in September 2008, Federal Reserve policymakers hadn't yet grasped the scope of the financial storm blowing overhead. What was clear to them as they gathered for a regularly scheduled...