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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
  • 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....
  • 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...
  • Consumer price growth slows as energy costs decline

    Consumer price growth slows as energy costs decline
    Consumer prices grew last month at their slowest pace since February, as lower energy costs offset higher price tags for food and shelter, the Labor Department said Tuesday. The Consumer Price Index, a closely watched measure of inflation, rose a...
  • Behind the jargon at the IMF

    Given the chance to be a fly on the wall at any institution, few would choose the International Monetary Fund. As part of a series from the Writers in Residence nonprofit organization, novelist Geoff Dyer spent a fortnight on a U.S. aircraft carrier,...
  • Fed stays course on policy but acknowledges rising inflation

    Fed stays course on policy but acknowledges rising inflation
    Despite the economic rebound and sharp drop in the unemployment rate recently, Federal Reserve officials still see considerable weakness in the labor market and remain very cautious about moving away from their easy-money policy. The Fed, in a statement...
  • 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...
  • Obama suggests he won't renominate Ben Bernanke as Fed chair

    Obama suggests he won't renominate Ben Bernanke as Fed chair
    President Obama suggested he might not renominate Ben S. Bernanke for a third term as chairman of the Federal Reserve, saying the central bank chief has already stayed in the job longer than originally planned. In a PBS interview that aired late Monday,...
  • Three things to watch for from the Fed and Bernanke on Wednesday

    Three things to watch for from the Fed and Bernanke on Wednesday
    WASHINGTON -- A difficult task awaits Federal Reserve Chairman Ben S. Bernanke when he faces the TV cameras Wednesday in his quarterly news conference. He has to try to reassure investors, analysts and politicians that the central bank has a plan for...
  • Fed doesn't have 'unconditional optimism' on economy, official says

    WASHINGTON -- The Federal Reserve doesn't have "unconditional optimism" about the economic recovery and won't pull back on stimulus efforts if conditions don't warrant it, a top central bank policymaker said Friday. In prepared remarks to the Council on...