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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
  • What is the likely path of Fed interest rates?

    What is the likely path of Fed interest rates?
    Federal Reserve policymakers conclude their two-day meeting Wednesday, and it's almost certain that the central bank will make another cut in its bond-buying stimulus and downgrade its near-term economic growth outlook to reflect the poor first quarter....
  • Inflation jumps 0.4% as costs rise for food, energy, other items

    Inflation jumps 0.4% as costs rise for food, energy, other items
    Inflation unexpectedly jumped last month as higher prices for food, energy and other items pushed the annual rate above the Federal Reserve's preferred 2% target, the Commerce Department said Tuesday. The new data could lead central bank policymakers to...
  • Senate confirms Brainard, Powell for Fed seats, Fischer as vice chair

    Senate confirms Brainard, Powell for Fed seats, Fischer as vice chair
    The Senate on Thursday confirmed Lael Brainard and Jerome H. Powell to serve on the Federal Reserve's board of governors, bringing it closer to full strength as the central bank pulls back on its extraordinary stimulus policies. Senators also approved...
  • Deflation-wary European Central Bank cuts deposit rate to below zero

    In a bid to spur growth and avert the dangerous threat of deflation in the sluggish Eurozone economy, the European Central Bank cut its benchmark interest rate to a record low and took the unprecedented step of lowering the bank deposit rate below zero....
  • Reports: RBS To Slash U.S. Mortgage Business, Cut Jobs In Stamford

    Royal Bank of Scotland has become the latest overseas bank to shrink its business in the United States after announcing it would cut its mortgage trading business by two-thirds, the Financial Times reported. The British bank will eliminate hundreds of...
  • Fed's Lockhart in no rush to raise rates despite upbeat outlook

    Fed's Lockhart in no rush to raise rates despite upbeat outlook
    A top Federal Reserve official says he's "not in a rush" to start raising the central bank's rock-bottom interest rates despite his view that the economy is improving after a weather-related winter slowdown. Dennis Lockhart, president of the Federal...
  • Yellen upbeat about growth in coming quarter

    Federal Reserve Chairwoman Janet L. Yellen painted a mostly upbeat picture of the economy emerging from a weather-induced winter slowdown but gave no hints of when the central bank might start raising rock-bottom interest rates. In Capitol Hill...
  • Sure, Boko Haram is bad, but don't overlook Nigeria's corrupt ways

    It’s a nasty business, this abduction of 270 teenage girls in Nigeria by the Boko Haram terrorist group. But should dealing with these terrorists be our business too? The White House said Tuesday that it was, at least a little bit. The U.S. is...
  • Yellen sees improved economic growth, worries about housing slowdown

    Yellen sees improved economic growth, worries about housing slowdown
    Weak economic growth in the first three months of the year was mostly due to temporary factors such as the weather, and the recovery should pick up the rest of the year, Federal Reserve Chairwoman Janet L. Yellen told lawmakers Wednesday. "With the...
  • Senate committee confirms Stanley Fischer, two other Fed nominees

    Senate committee confirms Stanley Fischer, two other Fed nominees
    The Senate Banking Committee confirmed the nomination of Stanley Fischer, the former president of the Bank of Israel, for the Federal Reserve's No. 2 job and also approved two other nominees to fill seats on the central bank's short-handed board....
  • Fed expected to start reducing balance sheet next year, survey says

    Federal Reserve officials are expected to start slowly reducing the central bank's $4.2 trillion in assets next year after the end of a key stimulus program that has helped dramatically increase the size of its balance sheet, according to survey results...