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Central Bank

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Top Central Bank Articles

Displaying items 56-66
  • 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...
  • Who will lead the Fed?

    Federal Reserve Chairman Ben S. Bernanke has presided over what may be the Fed's most aggressive intervention in the U.S. economy ever, acquiring trillions of dollars worth of securities in a multiyear effort to revive the sluggish economy. With...
  • The Federal Reserve meeting: Five things to watch for

    The Federal Reserve meeting: Five things to watch for
    WASHINGTON -- Is it taper time for the Federal Reserve? That's the key question as the financial and economic worlds await the end of the central bank's policymaking meeting Wednesday and Fed Chairman Ben S. Bernanke's quarterly news conference. The...
  • Federal Reserve's bond-buying stimulus to continue at same pace

    Federal Reserve's bond-buying stimulus to continue at same pace
    WASHINGTON -- Federal Reserve policymakers unexpectedly voted Wednesday not to alter one of the central bank’s key economic stimulus programs. The move defied market expectations that the Fed would begin tapering its monthly purchases of $85...
  • Yellen gains allies for top job at Fed

    Yellen gains allies for top job at Fed
    WASHINGTON — In an era of unprecedented efforts by the Federal Reserve to bolster the economy, add another first — a highly public campaign to influence the selection of the central bank's next chief. Supporters of Fed Vice Chair Janet L....
  • Fed holds steady on bond buying, keeps key interest rate near zero

    Fed holds steady on bond buying, keeps key interest rate near zero
    WASHINGTON -- Federal Reserve policymakers voted Wednesday to hold steady on short-term interest rates and the central bank's bond-buying program, but indicated that they expected economic growth to pick up. Following a two-day meeting, the Federal Open...
  • Upbeat data may prompt Fed to act

    WASHINGTON — Improving economic data is making the prospects more likely that the Federal Reserve will start tapering its massive bond buying next month, a move that suggests the recovery is on solid ground but that would be likely to roil Wall...
  • Fed's Bullard says more data needed for stimulus tapering decision

    WASHINGTON -- A top Federal Reserve official indicated Friday that he was not prepared to start reducing the central bank's bond-buying stimulus program soon, saying policymakers needed to see more economic data before making a decision. The comments...