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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
  • Bernanke says Federal Reserve is 'focused on Main Street'

    WASHINGTON — The Federal Reserve's efforts to explain how its unprecedented economic stimulus will be phased out might rattle Wall Street, but Chairman Ben S. Bernanke said the aim is clear — avoiding a severe market reaction that would hurt...
  • Obama may choose between two economists to replace Bernanke at Fed

    WASHINGTON — President Obama's choice for replacing Federal Reserve Chairman Ben S. Bernanke probably comes down to a quiet consensus builder, who would be a historic pick, or one considered brilliant but difficult to work with. Through...
  • Stocks boosted by strong profit reports from Wall Street banks

    Stocks boosted by strong profit reports from Wall Street banks
    NEW YORK — Investors pushed major U.S. indexes to a fresh round of all-time highs this week after strong profit reports from Wall Street banks were seen as another sign that the economy is improving. Citigroup Inc., Goldman Sachs and Morgan...
  • Half of economists in poll expect Fed to taper stimulus in Sept.

    Half of economists in poll expect Fed to taper stimulus in Sept.
    WASHINGTON -- Half of economists in a poll released Tuesday said they expected the Federal Reserve to start tapering its monthly bond-buying purchases in September. The percentage was up from last month, when 44% of economists in the survey by Bloomberg...
  • Yellen gains allies for top job at Fed

    WASHINGTON — In an era of unprecedented efforts by the Federal Reserve to bolster the economy, add another first — a highly public campaign to influence the selection of the central bank's next chief. Supporters of Fed Vice Chair Janet L....
  • Stocks soar in 2013 as fear bubble pops

    When Wall Street finally stopped living in fear of another bust, the opposite happened: a market boom that propelled U.S. stocks to their biggest rally in at least 16 years. Share prices ended Tuesday with more gains, capping a stunning advance that...
  • 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...
  • Pimco's Gross warns easy-money policies increase global economic risk

    Pimco's Gross warns easy-money policies increase global economic risk
    WASHINGTON -- Easy-money policies by the Federal Reserve and other central banks have left the U.S. and other economies "increasingly at risk," bond guru Bill Gross warned. The co-chief investment officer at Pacific Investment Management Co., or Pimco,...
  • Stocks skid for third straight day; Dow drops below 16,000

    Stocks skid for third straight day; Dow drops below 16,000
    The stock market suffered its first three-day losing streak since late September, an indication that share prices may have gotten ahead of themselves in this year's furious rally. The Dow Jones industrial average slid below 16,000 as portfolio...
  • Fed's 'beige book' reports modest to moderate economic growth

    Fed's 'beige book' reports modest to moderate economic growth
    Regional economies throughout the country got a boost from manufacturing and the housing recovery this fall, but overall the nation's economic growth was modest to moderate.  Manufacturing, which expanded in most regions of the country, was led by gains...
  • Economic recovery outlook improves after government shutdown

     Economic recovery outlook improves after government shutdown
    WASHINGTON — The nation's economic recovery, seemingly stuck in another pothole after the 16-day federal government shutdown, now looks to be back on track again — and accelerating into the new year. Recent data, especially this week, have...