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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
  • 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-...
  • 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...
  • Janet Yellen more experienced than Fed predecessors

    WASHINGTON -- Janet Yellen, President Obama’s choice to head the Federal Reserve, comes to the post with more years and a wider range of experience at the central bank than her predecessors and a career-long focus on the issue that remains at the...
  • Yellen to tell senators Fed must do more to help economy recover

    Yellen to tell senators Fed must do more to help economy recover
    WASHINGTON -- The Federal Reserve has helped the nation rebound from the Great Recession, but there still is more work to be done to reduce unemployment and get the economy back on track, Fed chair nominee Janet L. Yellen will tell senators at her...
  • 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...
  • Bitcoin's value tumbles after China moves to limit its use

    Bitcoin's value tumbles after China moves to limit its use
    Chinese authorities on Thursday instructed the country's banks and other financial institutions not to accept bitcoin, an unregulated digital currency that has soared in value amid widespread speculation, state media reported. China's central bank and...
  • Britain to start issuing plastic money in 2016

    Britain to start issuing plastic money in 2016
    LONDON -- Paper or plastic? No, not what kind of bag do you want your purchases in; it's what kind of money you’ll use to pay for them, at least in Britain. The Bank of England announced Wednesday that, beginning in 2016, it will start issuing...
  • Scientists experiment with money laundering

    Scientists experiment with money laundering
    Got some dirty money to launder? Well, Rhode Island scientists say they've devised a method of washing human grease, microbes and motor oil from the world's banknotes using supercritical fluid. Each year, the world's governments shred roughly 150,000...
  • 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,...
  • Pimco's Gross warns easy-money policies increase global economic risk

    Pimco's Gross warns easy-money policies increase global economic risk
    WASHINGTON -- Easy-money policies by the Federal Reserve and other central banks have left the U.S. and other economies "increasingly at risk," bond guru Bill Gross warned. The co-chief investment officer at Pacific Investment Management Co., or Pimco,...
  • 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,...