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Central Bank

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Top Central Bank Articles

Displaying items 67-77
  • 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...
  • Fed's Dudley: Two key tests show economy too fragile to begin tapering

    WASHINGTON -- A top Federal Reserve policymaker said Monday that the economy still wasn't strong enough in two key areas to begin tapering the central bank's bond-buying stimulus program, particularly with budget and debt-limit fights looming. "In my...
  • Republican Sheila Bair says GOP should back Janet Yellen for Fed

    Republican Sheila Bair says GOP should back Janet Yellen for Fed
    WASHINGTON -- Although Sheila Bair, the former chairwoman of the Federal Deposit Insurance Corp., is a Republican, she has been one of the most outspoken supporters of Democrat Janet L. Yellen to be the next Federal Reserve chief. Now, with Yellen the...
  • 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...
  • Eurozone's unemployment climbs to 12.1%, a fresh record high

    Eurozone's unemployment climbs to 12.1%, a fresh record high
    WASHINGTON -- The Eurozone's unemployment rate hit a record high of 12.1% in March as the region continued to struggle with recession, government officials said Tuesday. The seasonally adjusted jobless rate for the 17-nation group topped the previous...
  • Federal Reserve officials stay course on stimulus, interest rates

    Federal Reserve officials stay course on stimulus, interest rates
    WASHINGTON -- Federal Reserve policymakers said Wednesday they would continue their stimulus efforts and hold steady on rock-bottom interest rates, but announced no new actions as the economy appeared headed for another spring slowdown. After a two-...
  • European Central Bank cuts key interest rate to fight recession

    European Central Bank cuts key interest rate to fight recession
    WASHINGTON -- The European Central Bank on Thursday lowered its key interest rate to a record low level in an effort to spur economic growth in the recession-plagued Eurozone. The central bank's policymakers lowered its main refinancing rate by 0.25...
  • Harbor Bankshares out from under regulatory enforcement orders

    Harbor Bankshares out from under regulatory enforcement orders
    The Federal Reserve Board announced Thursday that it terminated an enforcement action against Baltimore-based Harbor Bankshares Corp. The Federal Reserve Bank of Richmond issued the action in July 2010, reaching an agreement with the holding company...
  • Warren Buffett says economy slowly improving, calls Bernanke 'gutsy'

    Warren Buffett says economy slowly improving, calls Bernanke 'gutsy'
    WASHINGTON -- Billionaire investor Warren Buffett said he sees the economy slowly improving and hailed Federal Reserve Chairman Ben S. Bernanke as "gutsy" for the actions the central bank has taken to boost growth. Buffett told CNBC on Monday that he...
  • Are your mortgage modification terms worth continuing payments?

    Are your mortgage modification terms worth continuing payments?
    Financially strapped homeowners who are close to foreclosure may want to face the music now rather than continuing to struggle with their monthly payments. There's a high probability of losing the house anyway, even with the government's help. According...