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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 78-88
  • Fed holds steady on interest rates and stimulus, sees risks easing

    Fed holds steady on interest rates and stimulus, sees risks easing
    WASHINGTON -- Federal Reserve policymakers said Wednesday that they would continue the central bank’s controversial bond-buying stimulus program and leave short-term interest rates near zero to help boost the economic recovery, which they said was...
  • Obama suggests next Fed chief should focus on jobs

    Obama suggests next Fed chief should focus on jobs
    WASHINGTON -- President Obama praised both Lawrence H. Summers and Janet L. Yellen as "highly qualified" to be the next Federal Reserve chief, but said he had a "range of outstanding candidates" and reiterated that he would not make a decision until the...
  • Obama suggests he won't renominate Ben Bernanke as Fed chair

    Obama suggests he won't renominate Ben Bernanke as Fed chair
    President Obama suggested he might not renominate Ben S. Bernanke for a third term as chairman of the Federal Reserve, saying the central bank chief has already stayed in the job longer than originally planned. In a PBS interview that aired late Monday,...
  • Three things to watch for from the Fed and Bernanke on Wednesday

    Three things to watch for from the Fed and Bernanke on Wednesday
    WASHINGTON -- A difficult task awaits Federal Reserve Chairman Ben S. Bernanke when he faces the TV cameras Wednesday in his quarterly news conference. He has to try to reassure investors, analysts and politicians that the central bank has a plan for...
  • 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...
  • Fed's easy money will eventually trigger inflation

    Bar the door, Nelly — the Fed has abandoned all restraint and will now print money to finance the federal deficit. To support the weak recovery, the Federal Reserve continues to keep short-term interest rates near zero, purchase mortgage-backed...
  • 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...
  • Obama hedges on next Fed chief

    WASHINGTON — President Obama praised Lawrence H. Summers and Janet L. Yellen as "highly qualified" to be the next Federal Reserve chief, but said he had a "range of outstanding candidates" and reiterated that he would not make a decision until the...
  • Stocks drop sharply on Fed stimulus fears

    NEW YORK — Encouraging signs for the labor market caused alarm on Wall Street as investors sped up a broad sell-off, fueled by worries the Federal Reserve will soon scale back its stimulus. Major U.S. indexes closed sharply lower Thursday as yet...
  • Victor "Vic" Turyn, Md. quarterback

    Victor "Vic" Turyn, Md. quarterback
    Victor "Vic" Turyn, a retired Federal Bureau of Investigation and Federal Reserve Bank of Richmond official who had been an outstanding quarterback at College Park in the late 1940s, died Aug. 11 of heart failure at his Ellicott City home. He was 91....
  • Pimco's El-Erian sees no Fed interest rate rise until at least 2016

    Pimco's El-Erian sees no Fed interest rate rise until at least 2016
    WASHINGTON -- The Federal Reserve could start reducing its bond-buying program next month, but won't raise its near-zero short-term interest rate until at least 2016 -- a year later than current central bank projections suggest, Pimco Chief Executive...