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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
  • 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....
  • 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...
  • Fed holds steady on interest rates and stimulus, sees risks easing

    Fed holds steady on interest rates and stimulus, sees risks easing
    WASHINGTON -- Federal Reserve policymakers said Wednesday that they would continue the central bank’s controversial bond-buying stimulus program and leave short-term interest rates near zero to help boost the economic recovery, which they said was...
  • Obama suggests next Fed chief should focus on jobs

    Obama suggests next Fed chief should focus on jobs
    WASHINGTON -- President Obama praised both 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...
  • The bitcoin crash of 2013: Don't you feel silly now?

    The bitcoin crash of 2013: Don't you feel silly now?
    People who thought that bitcoins could serve as either an investment vehicle or an alternative world currency got their heads handed to them on Thursday and Friday. That's when the price of the attention-grabbing crypto-currency got crushed, falling...
  • Fed disputes cost-saving claims of switching to $1 coin

    WASHINGTON — To lawmakers and others arguing that replacing the $1 bill with a $1 coin would save the government money, the Federal Reserve says, "Don't bet on it." A new analysis by Fed staffers said the old-fashioned greenback is more durable...
  • Obama to nominate Janet Yellen to be next Federal Reserve chair

    WASHINGTON -- President Obama will nominate Janet L. Yellen to be the next head of the Federal Reserve, the White House said Tuesday. The historic appointment, if confirmed, would make the former UC Berkeley economist the first woman to lead the world&...
  • Obama to nominate Janet Yellen to lead Federal Reserve

    Obama to nominate Janet Yellen to lead Federal Reserve
    WASHINGTON — President Obama will nominate Janet L. Yellen to be the next head of the Federal Reserve, the White House said Tuesday. If confirmed, the former UC Berkeley economist would become the first woman to lead the world's most powerful...
  • Obama nominates Yellen as Fed chief, calls her a champion for workers

    Obama nominates Yellen as Fed chief, calls her a champion for workers
    WASHINGTON -- President Obama on Wednesday announced the nomination of Janet L. Yellen to be the first woman head of the Federal Reserve, calling her "one of the nation's foremost economists and policymakers" who would be a champion for American workers....
  • Janet Yellen more experienced than Fed predecessors

    WASHINGTON -- Janet Yellen, President Obama’s choice to head the Federal Reserve, comes to the post with more years and a wider range of experience at the central bank than her predecessors and a career-long focus on the issue that remains at the...
  • How would Janet Yellen balance jobs, inflation as Fed chief?

    How would Janet Yellen balance jobs, inflation as Fed chief?
    WASHINGTON — Janet Yellen, President Obama's choice to head the Federal Reserve, comes to the post with more experience at the central bank than her predecessors and a career-long focus on the issue that remains at the center of public concern...