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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 67-77
  • Janet Yellen defends Fed stimulus efforts at confirmation hearing

    Janet Yellen defends Fed stimulus efforts at confirmation hearing
    WASHINGTON -- Federal Reserve chair nominee Janet L. Yellen strongly defended the central bank's stimulus efforts under questioning at her Senate confirmation hearing Thursday, saying the controversial bond-buying program has helped the economy recover....
  • Bernanke to write book about Fed's handling of Great Recession

    Bernanke to write book about Fed's handling of Great Recession
    Former Federal Reserve Chairman Ben S. Bernanke first gained prominence writing about the Great Depression. Now he plans a memoir to defend how he and other officials battled the biggest crisis and economic downturn since then. “I'd like to be...
  • 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...
  • Five things to watch for at Janet Yellen's confirmation hearing

    Five things to watch for at Janet Yellen's confirmation hearing
    WASHINGTON -- The last time Janet L. Yellen faced a Senate confirmation hearing, she shared the witness table with two other nominees for about 90 minutes, answered a handful of relatively mild questions and was on her way to an easy confirmation to be...
  • Fed votes to pare stimulus, tapering monthly bond buys to $75 billion

    WASHINGTON -- Federal Reserve policymakers voted Wednesday to start reducing a key stimulus program, signaling greater confidence in the strength of the recovery in the wake of recent upbeat economic data. The Federal Open Market Committee decided to...
  • Inflation remains in check as Fed considers reducing stimulus

    WASHINGTON -- Prices surprisingly dipped in September, the first decline since the spring, indicating that inflation remains well in check as Federal Reserve policymakers meet to consider if they should reduce a key central bank stimulus effort. The...
  • Stocks surge after Fed decision to scale back stimulus

    NEW YORK -- Stocks rallied nearly 2% after the Federal Reserve announced it would begin scaling back its stimulus program early next year. The Dow Jones industrial average added 292.71, gaining 1.8% to 16,167.97 at the closing bell Wednesday. The...
  • 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,...
  • Fed's Dudley more hopeful on economy, says private sector nearly healed

    Fed's Dudley more hopeful on economy, says private sector nearly healed
    WASHINGTON -- A top Federal Reserve official said Monday he was "getting more hopeful" about the economic recovery and declared the private sector nearly healed from the Great Recession. William C. Dudley, the president of the Federal Reserve Bank of...
  • Bank of England indicates rate hike isn't imminent

    Bank of England indicates rate hike isn't imminent
    The Bank of England sought Wednesday to assure markets and businesses it won't raise its key interest rate any time soon despite a faster-than-expected decline in Britain's jobless rate. The central bank previously said it would consider raising its...