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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 111-121
  • Stocks plunge on fears over emerging markets

    Stocks plunge on fears over emerging markets
    NEW YORK — Wall Street took a drubbing for the second straight day as investors worry that an economic slowdown in emerging markets could trigger a correction in stocks. The Dow Jones industrial average suffered a drop of 318.24 points Friday, the...
  • Fed cements tapering with another cut in bond-buying stimulus

    Fed cements tapering with another cut in bond-buying stimulus
    WASHINGTON — Shrugging off the recent turbulence in financial markets, the Federal Reserve gave an upbeat take on the U.S. economy and went through with a second straight cut to its large bond-buying stimulus program. Although the decision to...
  • Edward H. Covell Jr., broiler industry leader

    Edward H. Covell Jr., broiler industry leader
    Edward Hall Covell Jr., a leader in Maryland's broiler industry who owned a farm supply business and was named to the Poultry Hall of Fame, died of pneumonia Friday at the Blakehurst retirement community in Towson. The longtime Talbot County resident...
  • Bitcoins: Widely known and widely misunderstood

    Bitcoins: Widely known and widely misunderstood
    Back in the 1980s, when I lived in Nairobi, foreign residents had a simple way of obtaining Kenyan shillings. They'd write a check in, say, U.S. dollars on their U.S. bank accounts to the Indian man who owned the ice cream store down the block. He'd pay...
  • Fed keeps stimulus intact as it awaits further gains in recovery

    WASHINGTON — The Federal Reserve kept intact its large-scale campaign to stimulate the economy, saying it was awaiting more evidence of sustainable progress in the recovery. Although the Fed's decision Wednesday to hold the line on its monthly...
  • Dow closes above 16,000

    The Dow Jones industrial average closed above 16,000 for the first time, a testament to investors' hope that the plodding economy can gain momentum in the coming year. The index, a gauge of 30 of the largest American companies, jumped more than 109...
  • Toomey votes against Yellen to run the Fed

    Toomey votes against Yellen to run the Fed
    Pennsylvania Republican Sen. Pat Toomey voted against President Barack Obama’s choice to lead the Federal Reserve Bank, citing concerns over the central bank maintaining low interest rates. The vote Thursday in the Senate Banking Committee, of...
  • Fed may keep short-term rates low long after bond-buying pullback

    WASHINGTON — Federal Reserve policymakers, expecting to pull back on their bond-buying stimulus "in coming months," are considering keeping short-term interest rates quite low for quite a while, among other options to try to support what they see as...
  • Yellen deftly navigates Fed confirmation hearing

    WASHINGTON — At her confirmation hearing, Janet L. Yellen demonstrated two qualities that analysts said led to her nomination as the next Federal Reserve chief: a commitment to continuing its aggressive stimulus efforts and a low-key ability to...
  • Fed critics to use Yellen vote to advance audit bill

    Fed critics to use Yellen vote to advance audit bill
    WASHINGTON — The nomination of Janet L. Yellen to be the next Federal Reserve chair gives critics of the central bank something they rarely have: leverage to force some changes. As the Senate Banking Committee prepares for a confirmation hearing...
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