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Central Bank

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Top Central Bank Articles

Displaying items 111-121
  • 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...
  • Fed's Lacker predicts more stimulus cutbacks despite modest growth

    Fed's Lacker predicts more stimulus cutbacks despite modest growth
    A top Federal Reserve official expects the central bank to continue reducing a key stimulus program even though he sees more modest growth this year than many analysts have projected. Jeffrey Lacker, president of the Federal Reserve Bank of Richmond,...
  • Major bitcoin exchange crashes, takes bitcoin prices with it

    Major bitcoin exchange crashes, takes bitcoin prices with it
    Bitcoin prices have crashed over the last few days--again!--this time because Mt. Gox, a major bitcoin exchange headquartered in Tokyo, abruptly announced it was suspending all withdrawals for "technical" reasons. Mt. Gox said the suspension was...
  • Weak jobs data renew growth fears

    Weak jobs data renew growth fears
    WASHINGTON — Back-to-back months of sluggish hiring suggest the economic recovery may have lost some momentum and could give the Federal Reserve second thoughts about continuing to throttle back a key stimulus program. Employers added a modest...
  • Consumers more optimistic about rising wages, N.Y. Fed says

    Consumers more optimistic about rising wages, N.Y. Fed says
    WASHINGTON -- Consumers last month were more optimistic their wages would rise, and expected to spend more this year, according to survey results Monday from the Federal Reserve Bank of New York. Americans also expected inflation to slow somewhat to 3%...
  • New Fed chief Janet Yellen signals further cuts in stimulus

    New Fed chief Janet Yellen signals further cuts in stimulus
    WASHINGTON — The Federal Reserve's new leader, Janet L. Yellen, signaled that the central bank is likely to keep scaling back its signature stimulus program despite a recent string of weak economic data. Making her first congressional appearance...
  • Lawmakers want Fed board to approve big bank enforcement actions

    Lawmakers want Fed board to approve big bank enforcement actions
    WASHINGTON -- Reflecting concerns that government settlements with big banks haven't been tough enough, two Democratic lawmakers want the Federal Reserve board to approve all major enforcement actions. Sen. Elizabeth Warren of Massachusetts and Rep....
  • Bank of England indicates rate hike isn't imminent

    Bank of England indicates rate hike isn't imminent
    The Bank of England sought Wednesday to assure markets and businesses it won't raise its key interest rate any time soon despite a faster-than-expected decline in Britain's jobless rate. The central bank previously said it would consider raising its...
  • 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...