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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
  • With shutdown over, flow of government economic data to resume

    With shutdown over, flow of government economic data to resume
    WASHINGTON -- The flow of federal economic data is set to resume next week, highlighted by the release of the delayed September jobs report, as federal employees are back at work following the end of the partial government shutdown. But it could take...
  • Shutdown likely delays stimulus taper a few months, Fed official says

    Shutdown likely delays stimulus taper a few months, Fed official says
    WASHINGTON -- A top Federal Reserve policymaker said Monday the central bank was unlikely to start reducing a key stimulus program for "a few months" because the partial government shutdown has muddied the economic picture. Charles Evans, president of...
  • Shutdown likely to delay stimulus tapering, Fed official says

    WASHINGTON — A top Federal Reserve policymaker said the central bank was unlikely to start reducing a key stimulus program for "a few months" because the partial government shutdown has muddied the economic picture. Charles Evans, president of the...
  • Alan Greenspan praises Fed chair nominee Janet Yellen as 'very bright'

    Alan Greenspan praises Fed chair nominee Janet Yellen as 'very bright'
    WASHINGTON -- Former Federal Reserve Chairman Alan Greenspan on Wednesday praised Janet L. Yellen, President Obama's nominee to be the next central bank chief, calling her "very bright" and saying he often would go to her to explain academic economics...
  • 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...
  • Measure of jobless claims drops to lowest level since 2007

    Measure of jobless claims drops to lowest level since 2007
    WASHINGTON -- Initial jobless claims rose slightly last week to 333,000 but the average over the past month dropped to its lowest level since 2007, the Labor Department said Thursday. The number of people filing for first-time unemployment benefits in...
  • Cleveland Fed head to step down, adding to central bank turnover

    Cleveland Fed head to step down, adding to central bank turnover
    WASHINGTON -- The president of the Federal Reserve Bank of Cleveland, Sandra Pianalto, will step down early next year, creating another vacancy among central bank policymakers as they grapple with reducing their stimulus efforts. The head of the...
  • Obama hedges on next Fed chief

    WASHINGTON — President Obama praised Lawrence H. Summers and Janet L. Yellen as "highly qualified" to be the next Federal Reserve chief, but said he had a "range of outstanding candidates" and reiterated that he would not make a decision until the...
  • Stocks drop sharply on Fed stimulus fears

    NEW YORK — Encouraging signs for the labor market caused alarm on Wall Street as investors sped up a broad sell-off, fueled by worries the Federal Reserve will soon scale back its stimulus. Major U.S. indexes closed sharply lower Thursday as yet...