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Central Bank

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Top Central Bank Articles

Displaying items 34-44
  • Shocked into reality by the Great Recession

    Anna Newell Jones knew she was living well beyond her means when the Great Recession struck: She was $24,000 in debt. What surprised her, though, was how quickly she climbed out of that hole during the agonizingly slow recovery. She had a lot of work to...
  • Inflation jumps 0.4% as costs rise for food, energy, other items

    Inflation jumps 0.4% as costs rise for food, energy, other items
    Inflation unexpectedly jumped last month as higher prices for food, energy and other items pushed the annual rate above the Federal Reserve's preferred 2% target, the Commerce Department said Tuesday. The new data could lead central bank policymakers to...
  • What is the likely path of Fed interest rates?

    Federal Reserve policymakers conclude their two-day meeting Wednesday, and it's almost certain that the central bank will make another cut in its bond-buying stimulus and downgrade its near-term economic growth outlook to reflect the poor first quarter....
  • 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....
  • U.S. suspends trade, investment talks with Russia over Ukraine

    U.S. suspends trade, investment talks with Russia over Ukraine
    (Reuters) - The United States has put trade and investment talks with Russia on hold as a rebuke for Russia's incursion into Ukraine, a U.S. official said on Monday. "We have suspended upcoming bilateral trade and investment engagement with the...
  • Bernanke says Fed could have been more aggressive in fighting crisis

    Bernanke says Fed could have been more aggressive in fighting crisis
    Although the Federal Reserve has been criticized for its unprecedented efforts to fight the 2008 financial crisis, former Fed chief Ben S. Bernanke said Tuesday the central bank could have done more. "Although we have been very aggressive, I think on...
  • Fed district chief expects central bank's stimulus cuts to continue

    Fed district chief expects central bank's stimulus cuts to continue
    WASHINGTON — Brutal winter weather contributed to a downturn in job growth and other economic data, raising questions about the strength of the recovery and testing the Federal Reserve's resolve in unwinding its key bond-buying stimulus program....
  • Transcripts detail Fed's struggles amid 2008 financial crisis

    Transcripts detail Fed's struggles amid 2008 financial crisis
    WASHINGTON — The day after Lehman Bros. filed for bankruptcy in September 2008, Federal Reserve policymakers hadn't yet grasped the scope of the financial storm blowing overhead. What was clear to them as they gathered for a regularly scheduled...
  • Fed's Lacker predicts more stimulus cutbacks despite modest growth

    Fed's Lacker predicts more stimulus cutbacks despite modest growth
    A top Federal Reserve official expects the central bank to continue reducing a key stimulus program even though he sees more modest growth this year than many analysts have projected. Jeffrey Lacker, president of the Federal Reserve Bank of Richmond,...
  • Major bitcoin exchange crashes, takes bitcoin prices with it

    Bitcoin prices have crashed over the last few days--again!--this time because Mt. Gox, a major bitcoin exchange headquartered in Tokyo, abruptly announced it was suspending all withdrawals for "technical" reasons. Mt. Gox said the suspension was...