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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 34-44
  • Yellen upbeat about growth in coming quarter

    Federal Reserve Chairwoman Janet L. Yellen painted a mostly upbeat picture of the economy emerging from a weather-induced winter slowdown but gave no hints of when the central bank might start raising rock-bottom interest rates. In Capitol Hill...
  • Fed's Lockhart in no rush to raise rates despite upbeat outlook

    Fed's Lockhart in no rush to raise rates despite upbeat outlook
    A top Federal Reserve official says he's "not in a rush" to start raising the central bank's rock-bottom interest rates despite his view that the economy is improving after a weather-related winter slowdown. Dennis Lockhart, president of the Federal...
  • In historic step, ECB pushes bank deposit interest rate below zero

    In historic step, ECB pushes bank deposit interest rate below zero
    In a bid to spur growth and avert the dangerous threat of deflation bedeviling 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...
  • 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....
  • Former Treasury Secretary Timothy Geithner defends bailout

    Former Treasury Secretary Timothy Geithner defends bailout
    Former Treasury Secretary Timothy Geithner is convinced he saved the country from a depression and regular Americans from ending up in shantytowns and bread lines. And he's taking another shot at convincing you too. In his new book, "Stress Test," he...
  • Senate confirms Brainard, Powell for Fed seats, Fischer as vice chair

    Senate confirms Brainard, Powell for Fed seats, Fischer as vice chair
    The Senate on Thursday confirmed Lael Brainard and Jerome H. Powell to serve on the Federal Reserve's board of governors, bringing it closer to full strength as the central bank pulls back on its extraordinary stimulus policies. Senators also approved...
  • Sure, Boko Haram is bad, but don't overlook Nigeria's corrupt ways

    It’s a nasty business, this abduction of 270 teenage girls in Nigeria by the Boko Haram terrorist group. But should dealing with these terrorists be our business too? The White House said Tuesday that it was, at least a little bit. The U.S. is...
  • Senate committee confirms Stanley Fischer, two other Fed nominees

    Senate committee confirms Stanley Fischer, two other Fed nominees
    The Senate Banking Committee confirmed the nomination of Stanley Fischer, the former president of the Bank of Israel, for the Federal Reserve's No. 2 job and also approved two other nominees to fill seats on the central bank's short-handed board....
  • Yellen sees improved economic growth, worries about housing slowdown

    Yellen sees improved economic growth, worries about housing slowdown
    Weak economic growth in the first three months of the year was mostly due to temporary factors such as the weather, and the recovery should pick up the rest of the year, Federal Reserve Chairwoman Janet L. Yellen told lawmakers Wednesday. "With the...
  • Savers and a grim outlook

    Exactly two years ago, I wrote a column titled "Coping in a low interest world". At the time, short-term interest rates were essentially zero and the benchmark 10-year Treasury yield hovered at around 2.4 percent. Soon after, 10-year yields plunged to 40-...
  • 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...