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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
  • Stocks swoon on interest rate fears

    NEW YORK — A sudden jump in interest rates is casting a shadow over the stock market. Stocks fell sharply Friday as a persistent rise in rates over the last month threatened to derail the powerful rally this year in share prices. Despite...
  • Greenspan says Federal Reserve should start tapering stimulus

    WASHINGTON -- Former Federal Reserve Chairman Alan Greenspan said the central bank should start tapering its stimulus program and begin reducing its dramatically swelled balance sheet -- whether the economy is ready for it or not. "My view is the sooner...
  • Fed nominee Janet Yellen's confirmation hearing expected in November

    Fed nominee Janet Yellen's confirmation hearing expected in November
    WASHINGTON -- The Senate Banking Committee expects to hold a confirmation hearing in November on Janet L. Yellen's nomination to be the next head of the Federal Reserve as supporters try to get her formally in place before current Fed chief Ben S....
  • As stimulus tab rises for Fed, worries grow it may require a bailout

    As stimulus tab rises for Fed, worries grow it may require a bailout
    WASHINGTON — The Federal Reserve has taken unprecedented steps to stimulate the economic recovery from the Great Recession, but the tab has risen to such tremendous proportions — fast approaching $4 trillion — that some worry the central...
  • 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...
  • Fed keeps stimulus intact as it awaits further gains in recovery

    WASHINGTON — The Federal Reserve kept intact its large-scale campaign to stimulate the economy, saying it was awaiting more evidence of sustainable progress in the recovery. Although the Fed's decision Wednesday to hold the line on its monthly...
  • Low inflation means no hurry to taper stimulus, top Fed official says

    Low inflation means no hurry to taper stimulus, top Fed official says
    WASHINGTON -- A top Federal Reserve policymaker said Monday that low inflation meant there was no hurry to reduce a key central bank stimulus program, which has made "substantial progress" in lowering unemployment. James Bullard, president of the...
  • Navigating the shift to a stingier Fed

    After four years of providing trillions of dollars in cheap money to prop up the U.S. financial system and economy, the Federal Reserve has signaled that its generosity won't last forever. On the face of it, that ought to be good news: It means the...
  • Strong jobs report has Fed on track to taper stimulus, analysts say

    WASHINGTON -- The government's unexpectedly strong June jobs report leaves the Federal Reserve on track to start tapering its bond-buying stimulus efforts as early as September, analysts said Friday. "The labor market has very strong momentum," Chris...
  • Federal Reserve Gov. Elizabeth Duke to step down in August

    Federal Reserve Gov. Elizabeth Duke to step down in August
    WASHINGTON -- Elizabeth Duke, a member of the Federal Reserve Board of Governors since 2008, will step down Aug. 31, the central bank announced Thursday. Duke, 60, a former banking industry executive, said in her resignation letter to President Obama...
  • Stocks soar to new records on hopes for continued stimulus

    Stocks soar to new records on hopes for continued stimulus
    The stock market streaked to new highs Thursday as investors remained hopeful that the Federal Reserve's easy money policies will continue to drive the U.S. economy. The Dow Jones industrial average and the Standard & Poor's 500 index, the two most...