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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 45-55
  • Most Americans doubt Fed's ability to boost growth, poll finds

    Most Americans doubt Fed's ability to boost growth, poll finds
    WASHINGTON -- The Federal Reserve has taken unprecedented steps to stimulate the economy, but a new poll finds that only about a third of Americans have confidence in the central bank's ability to boost growth. The findings in a New York Times/CBS...
  • Low inflation means no hurry to taper stimulus, top Fed official says

    Low inflation means no hurry to taper stimulus, top Fed official says
    WASHINGTON -- A top Federal Reserve policymaker said Monday that low inflation meant there was no hurry to reduce a key central bank stimulus program, which has made "substantial progress" in lowering unemployment. James Bullard, president of the...
  • Federal Reserve Gov. Elizabeth Duke to step down in August

    Federal Reserve Gov. Elizabeth Duke to step down in August
    WASHINGTON -- Elizabeth Duke, a member of the Federal Reserve Board of Governors since 2008, will step down Aug. 31, the central bank announced Thursday. Duke, 60, a former banking industry executive, said in her resignation letter to President Obama...
  • Stocks soar to new records on hopes for continued stimulus

    Stocks soar to new records on hopes for continued stimulus
    The stock market streaked to new highs Thursday as investors remained hopeful that the Federal Reserve's easy money policies will continue to drive the U.S. economy. The Dow Jones industrial average and the Standard & Poor's 500 index, the two most...
  • Bernanke says Fed not on 'preset course' to reduce stimulus

    Bernanke says Fed not on 'preset course' to reduce stimulus
    WASHINGTON -- Federal Reserve Chairman Ben S. Bernanke said Wednesday that he expected the central bank to start tapering its bond-buying stimulus program this year, but that there was not a "preset course" to doing so. The Fed's plan to begin...
  • Bernanke: Markets starting to understand Fed's stimulus message

    Bernanke: Markets starting to understand Fed's stimulus message
    WASHINGTON -- Federal Reserve Chairman Ben S. Bernanke on Wednesday admitted there has been some confusion as the central bank has tried to explain plans to scale back its stimulus policies, but said he thought financial markets were "beginning to...
  • Ex-Fed official pleads guilty in computer file theft

    Ex-Fed official pleads guilty in computer file theft
    A former supervisor at the Federal Reserve Bank of Chicago faces up to a year in prison after pleading guilty today to stealing computer files containing confidential bank information on his last day of work nearly two years ago. Brian McCarthy, 31,...
  • Bernanke says Federal Reserve is 'focused on Main Street'

    WASHINGTON — The Federal Reserve's efforts to explain how its unprecedented economic stimulus will be phased out might rattle Wall Street, but Chairman Ben S. Bernanke said the aim is clear — avoiding a severe market reaction that would hurt...
  • Obama may choose between two economists to replace Bernanke at Fed

    WASHINGTON — President Obama's choice for replacing Federal Reserve Chairman Ben S. Bernanke probably comes down to a quiet consensus builder, who would be a historic pick, or one considered brilliant but difficult to work with. Through...
  • Stocks boosted by strong profit reports from Wall Street banks

    Stocks boosted by strong profit reports from Wall Street banks
    NEW YORK — Investors pushed major U.S. indexes to a fresh round of all-time highs this week after strong profit reports from Wall Street banks were seen as another sign that the economy is improving. Citigroup Inc., Goldman Sachs and Morgan...
  • Half of economists in poll expect Fed to taper stimulus in Sept.

    Half of economists in poll expect Fed to taper stimulus in Sept.
    WASHINGTON -- Half of economists in a poll released Tuesday said they expected the Federal Reserve to start tapering its monthly bond-buying purchases in September. The percentage was up from last month, when 44% of economists in the survey by Bloomberg...