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Central Bank

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Top Central Bank Articles

Displaying items 78-88
  • 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...
  • Europe could drop interest rate below zero on excess bank deposits

    Europe could drop interest rate below zero on excess bank deposits
    WASHINGTON -- The European Central Bank could reduce the interest rate it pays on excess bank deposits to below zero to boost growth in the recession-plagued region, a top official said. The comments over the weekend by Italian Central Bank chief...
  • Eurozone economy shrinks in first quarter, marking longest recession

    Eurozone economy shrinks in first quarter, marking longest recession
    WASHINGTON -- The Eurozone economy contracted 0.2% in the first three months of the year compared with the previous quarter, marking the region's longest recession since its single currency was created in 1999. The 17-nation Eurozone now has been in...
  • Fed's Dudley says decision on stimulus pullback still months away

    Fed's Dudley says decision on stimulus pullback still months away
    WASHINGTON — A top Federal Reserve official said Wednesday that a decision on reducing the central bank's unprecedented economic stimulus efforts still is three to four months away as policymakers first must determine if the recovery is strong...
  • Bernanke warns against scaling back Fed stimulus too soon

    Bernanke warns against scaling back Fed stimulus too soon
    WASHINGTON -- Federal Reserve Chairman Ben S. Bernanke said Wednesday that the central bank could start scaling back its stimulus program in the next few months, but warned against acting too quickly and harming the still-weak economic recovery. The key...
  • Some Fed officials open to start tapering stimulus as soon as June

    WASHINGTON -- Some Federal Reserve officials said they were willing to start ratcheting back the central bank's stimulus program as early as June if the economic recovery strengthened further, according to minutes from their policy meeting three week ago....
  • Obama to nominate Janet Yellen to be next Federal Reserve chair

    WASHINGTON -- President Obama will nominate Janet L. Yellen to be the next head of the Federal Reserve, the White House said Tuesday. The historic appointment, if confirmed, would make the former UC Berkeley economist the first woman to lead the world&...
  • Obama to nominate Janet Yellen to lead Federal Reserve

    WASHINGTON — President Obama will nominate Janet L. Yellen to be the next head of the Federal Reserve, the White House said Tuesday. If confirmed, the former UC Berkeley economist would become the first woman to lead the world's most powerful...
  • Obama nominates Yellen as Fed chief, calls her a champion for workers

    Obama nominates Yellen as Fed chief, calls her a champion for workers
    WASHINGTON -- President Obama on Wednesday announced the nomination of Janet L. Yellen to be the first woman head of the Federal Reserve, calling her "one of the nation's foremost economists and policymakers" who would be a champion for American workers....
  • 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...