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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 23-33
  • 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...
  • 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

    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 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...
  • 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...
  • Fed's Bullard says more data needed for stimulus tapering decision

    WASHINGTON -- A top Federal Reserve official indicated Friday that he was not prepared to start reducing the central bank's bond-buying stimulus program soon, saying policymakers needed to see more economic data before making a decision. The comments...
  • Fed's Fisher says stimulus tapering should begin this fall

    Fed's Fisher says stimulus tapering should begin this fall
    WASHINGTON -- Federal Reserve policymakers must “gird our loins” to start tapering the central bank’s bond-buying program this fall after the drop in the unemployment rate to 7.4%, a top official said Monday. Richard Fisher,...
  • Pimco's El-Erian says fight over next Fed chair could hurt economy

    Pimco's El-Erian says fight over next Fed chair could hurt economy
    WASHINGTON -- The heated public debate over who should be the next head of the Federal Reserve risks hurting the nation's economy and President Obama should make a decision soon to end the "circus-like atmosphere," said Pimco chief executive Mohamed El-...
  • Bank of England to keep stimulus until unemployment drops to 7%

    Bank of England to keep stimulus until unemployment drops to 7%
    WASHINGTON -- The Bank of England on Wednesday said it would maintain its stimulus program until the unemployment rate falls to 7%, following the same strategy as the U.S. Federal Reserve in providing an explicit target for when it would raise interest...
  • Who's the odds favorite to be next Fed chair?

    An unusual but fierce campaign over who President Obama should appoint as the next Federal Reserve chair has had Washington in a tizzy as of late. Will it be former Treasury Secretary Larry H. Summers or Fed Vice Chair Janet L. Yellen? One Irish...