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Central Bank

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Top Central Bank Articles

Displaying items 89-99
  • 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....
  • Good riddance to Bernanke's tight-money policies

    Good riddance to Bernanke's tight-money policies
    The Wall Street Journal is on the hard-money side of the debate over recent monetary policy. But its editorial on the departure of Ben S. Bernanke as chairman of the Federal Reserve articulated a conventional wisdom that transcends that debate. 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...
  • 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...
  • Global economic growth is expected to speed up this year

    WASHINGTON — After a long and lumpy recovery, the world economy may finally be at a turning point with global growth expected to accelerate this year behind the rising strength of the U.S. and other major developed countries. But world finance...
  • Obama to nominate Stanley Fischer, two others to Fed seats

    Obama to nominate Stanley Fischer, two others to Fed seats
    WASHINGTON — President Obama will nominate Stanley Fischer, the former head of the Bank of Israel, to be vice chair of the Federal Reserve, and also tapped two others for seats on the central bank's Board of Governors, the White House said. Lael...
  • Stock market notches its best year since 1995

    NEW YORK — Wall Street closed out an epic year with the stock market's best performance since 1995, fattening the retirement accounts for a generation of Americans crushed by the financial crisis just five years ago. The 27% gain in the Dow...
  • Stocks soar in 2013 as fear bubble pops

    When Wall Street finally stopped living in fear of another bust, the opposite happened: a market boom that propelled U.S. stocks to their biggest rally in at least 16 years. Share prices ended Tuesday with more gains, capping a stunning advance that...