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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 89-99
  • Yellen sees improved economic growth, worries about housing slowdown

    Yellen sees improved economic growth, worries about housing slowdown
    Weak economic growth in the first three months of the year was mostly due to temporary factors such as the weather, and the recovery should pick up the rest of the year, Federal Reserve Chairwoman Janet L. Yellen told lawmakers Wednesday. "With the...
  • Sure, Boko Haram is bad, but don't overlook Nigeria's corrupt ways

    It’s a nasty business, this abduction of 270 teenage girls in Nigeria by the Boko Haram terrorist group. But should dealing with these terrorists be our business too? The White House said Tuesday that it was, at least a little bit. The U.S. is...
  • The outcome of the European Parliament elections

    The outcome of the recently concluded European Parliament elections is described in press and political circles in Europe and North America as a shock or crisis, but the actual reaction is better named hysteria, as if "Europe" is all over, and the rise of...
  • Reports: RBS To Slash U.S. Mortgage Business, Cut Jobs In Stamford

    Royal Bank of Scotland has become the latest overseas bank to shrink its business in the United States after announcing it would cut its mortgage trading business by two-thirds, the Financial Times reported. The British bank will eliminate hundreds of...
  • Fed's Lockhart in no rush to raise rates despite upbeat outlook

    Fed's Lockhart in no rush to raise rates despite upbeat outlook
    A top Federal Reserve official says he's "not in a rush" to start raising the central bank's rock-bottom interest rates despite his view that the economy is improving after a weather-related winter slowdown. Dennis Lockhart, president of the Federal...
  • Yellen upbeat about growth in coming quarter

    Federal Reserve Chairwoman Janet L. Yellen painted a mostly upbeat picture of the economy emerging from a weather-induced winter slowdown but gave no hints of when the central bank might start raising rock-bottom interest rates. In Capitol Hill...
  • Lawmakers want Fed board to approve big bank enforcement actions

    Lawmakers want Fed board to approve big bank enforcement actions
    WASHINGTON -- Reflecting concerns that government settlements with big banks haven't been tough enough, two Democratic lawmakers want the Federal Reserve board to approve all major enforcement actions. Sen. Elizabeth Warren of Massachusetts and Rep....
  • Despite big jump in food prices, inflation remained tame last month

    Despite big jump in food prices, inflation remained tame last month
    WASHINGTON -- Despite a sharp jump in food costs, consumer prices increased just 0.1% last month in an indication inflation remains in check, the Labor Department said Tuesday. Over the previous year, the consumer price index has risen 1.1%. The...
  • Bernanke to write book about Fed's handling of Great Recession

    Bernanke to write book about Fed's handling of Great Recession
    Former Federal Reserve Chairman Ben S. Bernanke first gained prominence writing about the Great Depression. Now he plans a memoir to defend how he and other officials battled the biggest crisis and economic downturn since then. “I'd like to be...
  • Bank of England indicates rate hike isn't imminent

    Bank of England indicates rate hike isn't imminent
    The Bank of England sought Wednesday to assure markets and businesses it won't raise its key interest rate any time soon despite a faster-than-expected decline in Britain's jobless rate. The central bank previously said it would consider raising its...
  • Consumers more optimistic about rising wages, N.Y. Fed says

    Consumers more optimistic about rising wages, N.Y. Fed says
    WASHINGTON -- Consumers last month were more optimistic their wages would rise, and expected to spend more this year, according to survey results Monday from the Federal Reserve Bank of New York. Americans also expected inflation to slow somewhat to 3%...