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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
  • Obama suggests he won't renominate Ben Bernanke as Fed chair

    Obama suggests he won't renominate Ben Bernanke as Fed chair
    President Obama suggested he might not renominate Ben S. Bernanke for a third term as chairman of the Federal Reserve, saying the central bank chief has already stayed in the job longer than originally planned. In a PBS interview that aired late Monday,...
  • Three things to watch for from the Fed and Bernanke on Wednesday

    Three things to watch for from the Fed and Bernanke on Wednesday
    WASHINGTON -- A difficult task awaits Federal Reserve Chairman Ben S. Bernanke when he faces the TV cameras Wednesday in his quarterly news conference. He has to try to reassure investors, analysts and politicians that the central bank has a plan for...
  • Fed doesn't have 'unconditional optimism' on economy, official says

    WASHINGTON -- The Federal Reserve doesn't have "unconditional optimism" about the economic recovery and won't pull back on stimulus efforts if conditions don't warrant it, a top central bank policymaker said Friday. In prepared remarks to the Council on...
  • Fed's easy money will eventually trigger inflation

    Bar the door, Nelly — the Fed has abandoned all restraint and will now print money to finance the federal deficit. To support the weak recovery, the Federal Reserve continues to keep short-term interest rates near zero, purchase mortgage-backed...
  • Stocks slump after election

    Stocks slump after election
    U.S. stocks fell sharply at the open Wednesday, as investors focused on how President Obama plans to avoid the fiscal cliff after he won re-election Tuesday night. Worries about the European economy also resurfaced, putting more pressure on global...
  • Fed holds steady on bond buying, keeps key interest rate near zero

    Fed holds steady on bond buying, keeps key interest rate near zero
    WASHINGTON -- Federal Reserve policymakers voted Wednesday to hold steady on short-term interest rates and the central bank's bond-buying program, but indicated that they expected economic growth to pick up. Following a two-day meeting, the Federal Open...
  • Federal Reserve's bond-buying stimulus to continue at same pace

    Federal Reserve's bond-buying stimulus to continue at same pace
    WASHINGTON -- Federal Reserve policymakers unexpectedly voted Wednesday not to alter one of the central bank’s key economic stimulus programs. The move defied market expectations that the Fed would begin tapering its monthly purchases of $85...
  • Fed's Dudley: Two key tests show economy too fragile to begin tapering

    WASHINGTON -- A top Federal Reserve policymaker said Monday that the economy still wasn't strong enough in two key areas to begin tapering the central bank's bond-buying stimulus program, particularly with budget and debt-limit fights looming. "In my...
  • Republican Sheila Bair says GOP should back Janet Yellen for Fed

    Republican Sheila Bair says GOP should back Janet Yellen for Fed
    WASHINGTON -- Although Sheila Bair, the former chairwoman of the Federal Deposit Insurance Corp., is a Republican, she has been one of the most outspoken supporters of Democrat Janet L. Yellen to be the next Federal Reserve chief. Now, with Yellen the...
  • Most Americans doubt Fed's ability to boost growth, poll finds

    Most Americans doubt Fed's ability to boost growth, poll finds
    WASHINGTON -- The Federal Reserve has taken unprecedented steps to stimulate the economy, but a new poll finds that only about a third of Americans have confidence in the central bank's ability to boost growth. The findings in a New York Times/CBS...
  • Upbeat data may prompt Fed to act

    WASHINGTON — Improving economic data is making the prospects more likely that the Federal Reserve will start tapering its massive bond buying next month, a move that suggests the recovery is on solid ground but that would be likely to roil Wall...