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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
  • House panel approves bill to force Fed to follow rule

    WASHINGTON (Reuters) - The House of Representatives Financial Services Committee narrowly approved a bill on Wednesday that would require the Federal Reserve to set a specific rule to follow when implementing monetary policy. The bill, which is opposed...
  • 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....
  • 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...
  • 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,...
  • Gaza conflict to dent, not break Israel economy

    JERUSALEM (Reuters) - Israel's war against Palestinian militants in the Gaza Strip is expected to cost it billions of dollars, temporarily hurt economic growth and put pressure on the government's finances. Analysts and officials compare the current...
  • University of Texas picks admiral over Dallas Fed president for chancellor

    (Reuters) - The University of Texas said Tuesday its Board of Regents picked U.S. Admiral William McRaven as sole finalist for the position of chancellor, passing up Dallas Federal Reserve Bank President Richard Fisher who was also reported to have been a...
  • 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...
  • 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...
  • NY Fed found serious problems at Deutsche Bank's U.S. arms: WSJ

    FRANKFURT (Reuters) - The Federal Reserve Bank of New York has found serious problems in Deutsche Bank AG's U.S. operations, including shoddy financial reporting, weak technology and inadequate auditing and oversight, people close to the matter told...
  • Will you get burned by following the hot money in ETFs?

    CHICAGO (Reuters) - All too often, I see investors heading in the wrong direction en masse. They buy stocks at the top of the market or bonds when interest rates are heading up. Occasionally, though, active investors may be heading in the right...