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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 56-66
  • 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...
  • Stocks soar in 2013 as fear bubble pops

    When Wall Street finally stopped living in fear of another bust, the opposite happened: a market boom that propelled U.S. stocks to their biggest rally in at least 16 years. Share prices ended Tuesday with more gains, capping a stunning advance that...
  • Stock market notches its best year since 1995

    NEW YORK — Wall Street closed out an epic year with the stock market's best performance since 1995, fattening the retirement accounts for a generation of Americans crushed by the financial crisis just five years ago. The 27% gain in the Dow...
  • Janet Yellen expected to be confirmed by Senate as Fed chief Monday

    Janet Yellen expected to be confirmed by Senate as Fed chief Monday
    WASHINGTON -- Senators on Monday are expected to confirm Janet L. Yellen as the next head of the Federal Reserve, scheduling a late afternoon vote that could be the closest ever for a leader of the central bank. Yellen, 67, a former UC Berkeley...
  • 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...
  • Obama to nominate Stanley Fischer, 2 others to Federal Reserve seats

    Obama to nominate Stanley Fischer, 2 others to Federal Reserve seats
    WASHINGTON -- President Obama will nominate Stanley Fischer, the former head of the Bank of Israel, to be vice chair of the Federal Reserve, and also tapped two other people for seats on the central bank's Board of Governors, the White House said Friday....
  • Obama to nominate Stanley Fischer, two others to Fed seats

    Obama to nominate Stanley Fischer, two others to Fed seats
    WASHINGTON — President Obama will nominate Stanley Fischer, the former head of the Bank of Israel, to be vice chair of the Federal Reserve, and also tapped two others for seats on the central bank's Board of Governors, the White House said. Lael...
  • Global economic growth is expected to speed up this year

    WASHINGTON — After a long and lumpy recovery, the world economy may finally be at a turning point with global growth expected to accelerate this year behind the rising strength of the U.S. and other major developed countries. But world finance...
  • 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...