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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 officials say markets overreacted to Yellen rate-hike comments

    Fed officials say markets overreacted to Yellen rate-hike comments
    WASHINGTON -- Top Federal Reserve officials said financial markets overreacted to Chairwoman Janet Yellen's comments last week indicating the central bank could start raising interest rates early next year. In speeches and interviews, the officials...
  • Nigeria: Where corruption and insurrection go hand in hand

    Nigeria: Where corruption and insurrection go hand in hand
    On Feb. 20, Nigerian President Goodluck Jonathan fired his respected central bank governor, who was trying to discover what had happened to an estimated $20 billion that disappeared from the nation's oil revenue over an 18-month period. Four days later,...
  • Yellen says Fed's 'extraordinary commitment' still needed

    WASHINGTON -- Federal Reserve Chairwoman Janet Yellen, saying the job market is far from normal, made clear Monday that the central bank remains committed to providing extraordinary support for the economy for some time to come. Yellen’s remarks...
  • Despite big jump in food prices, inflation remained tame last month

    Despite big jump in food prices, inflation remained tame last month
    WASHINGTON -- Despite a sharp jump in food costs, consumer prices increased just 0.1% last month in an indication inflation remains in check, the Labor Department said Tuesday. Over the previous year, the consumer price index has risen 1.1%. The...
  • Janet Yellen and the Federal Reserve: What to watch for Wednesday

    Janet Yellen and the Federal Reserve: What to watch for Wednesday
    WASHINGTON -- Janet L. Yellen, who broke the Federal Reserve's glass ceiling, marks two more milestones Wednesday, wrapping up her initial policymaking meeting as chairwoman then facing reporters' questions for the first time since taking office last...
  • Federal Reserve again reduces bond purchases, keeps key rate near zero

    Federal Reserve again reduces bond purchases, keeps key rate near zero
    WASHINGTON -- Federal Reserve policymakers voted Wednesday to continue reducing their bond-buying stimulus program and said they no longer would consider raising its near-zero interest rate once the unemployment rate fell below 6.5%. The Federal Open...
  • Fed official says weak data caused by weather, should not slow taper

    Fed official says weak data caused by weather, should not slow taper
    Bad weather is largely responsible for some recent weak economic data and should not lead the Federal Reserve to stop reducing a key stimulus program, a top central bank official said Monday. Instead, with economic growth still forecast to pick up...
  • Federal Reserve nominee Stanley Fischer defends Citigroup tenure

    WASHINGTON -- Stanley Fischer, the former Bank of Israel president nominated for the Federal Reserve's No. 2 job, defended his work on Wall Street and told senators at his confirmation hearing Thursday that he understood the effect of economic problems on...
  • Bernanke to write book about Fed's handling of Great Recession

    Bernanke to write book about Fed's handling of Great Recession
    Former Federal Reserve Chairman Ben S. Bernanke first gained prominence writing about the Great Depression. Now he plans a memoir to defend how he and other officials battled the biggest crisis and economic downturn since then. “I'd like to be...
  • Shale gas, the silent revolution

    Remarkable. But typical. This administration has just released a 42-page advertisement for itself that it calls a report. In it, Barack Obama & Co. take more than full credit for the dramatic change in this country's energy prospects -- from the long...
  • Can't decide where to invest? You're not alone

    Can't decide where to invest? You're not alone
    If you are agonizing over where to invest your money, you aren't alone. The pros are there with you — nervous about stocks and bonds as clear opportunities become fuzzy in both. As the best and brightest fund managers talked at Morningstar's...