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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 12-22
  • European funds plough into equities, holdings highest since Jan 2011: Reuters poll

    LONDON (Reuters) - European fund managers made their highest allocation to equities this month since January 2011 and cut bond positions that were already below long-term averages, a Reuters survey showed on Thursday. Fund managers in the poll put 49...
  • U.S. economy grows at 4% annual rate in second quarter

    U.S. economy grows at 4% annual rate in second quarter
    The economy's strong second-quarter growth showed the recovery has regained momentum after a brutal winter and could signal a quicker end to the era of rock-bottom interest rates. The nation's total economic output, or gross domestic product,...
  • Fed stays course on policy but acknowledges rising inflation

    Despite the economic rebound and sharp drop in the unemployment rate recently, Federal Reserve officials still see considerable weakness in the labor market and remain very cautious about moving away from their easy-money policy. The Fed, in a statement...
  • Japan flirts with recession after output, exports drop

    TOKYO (Reuters) - Japan could be flirting with recession after the weakest factory output since 2011, which, following a surprising fall in exports last week, could pressure the central bank to ease policy and complicate a decision on whether to raise...
  • Mobile money grows in Africa but hurdles remain

    DAKAR (Reuters) - IT technician Mansour Diagne is one of the lucky few in Senegal to have a bank account, but when he needs to pay some bills or transfer cash to his sisters on the other side of the crowded capital Dakar, he reaches for his mobile phone....
  • South Korea second-quarter GDP seen slowing as government works on stimulus

    SEOUL (Reuters) - South Korea's economy likely posted its weakest growth in more than a year in the June quarter, with a deadly ferry accident hitting consumption and offsetting a modest recovery in exports. The trade-reliant economy had earlier this...
  • Bulgarian central bank governor ready to step down

    SOFIA (Reuters) - Bulgaria's Central Bank Governor Ivan Iskrov told parliament on Tuesday he was ready to step down if it can agree on a successor first. In a letter, first reported by Reuters and then subsequently published with a statement on the...
  • Pay raises for recent college grads far below average

    Salaries for recent college graduates have risen at less than half the pace for all U.S. workers since the recession, an analysis by the Federal Reserve Bank of San Francisco found. The study, released Monday, found that median earnings for recent...
  • Q&A With Voya Financial CEO Rodney Martin

     Q&A With Voya Financial CEO Rodney Martin
    — Voya Financial Chairman and CEO Rodney O. Martin Jr. came to the company in 2011 at a critical time, just as it was about to separate from its former Dutch parent, ING Groep N.V., and venture out on its own. The separation required a rebranding,...
  • Fed Chairwoman Yellen says economic recovery incomplete

    Fed Chairwoman Yellen says economic recovery incomplete
    The U.S. economic recovery remains incomplete, with a still-ailing job market and stagnant wages justifying loose monetary policy for the foreseeable future, Federal Reserve Chair Janet Yellen told a Senate committee on Tuesday. In a strong defense of...
  • Yellen says economy must improve more before Fed raises interest rates

    Yellen says economy must improve more before Fed raises interest rates
    Warning of past "false dawns" in the economic recovery, Federal Reserve Chairwoman Janet L. Yellen said Tuesday that central bank policymakers need to be cautious about raising rock-bottom interest rates. Recent data indicate the economy has rebounded...