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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
  • Stocks skid for third straight day; Dow drops below 16,000

    Stocks skid for third straight day; Dow drops below 16,000
    The stock market suffered its first three-day losing streak since late September, an indication that share prices may have gotten ahead of themselves in this year's furious rally. The Dow Jones industrial average slid below 16,000 as portfolio...
  • Fed's 'beige book' reports modest to moderate economic growth

    Fed's 'beige book' reports modest to moderate economic growth
    Regional economies throughout the country got a boost from manufacturing and the housing recovery this fall, but overall the nation's economic growth was modest to moderate.  Manufacturing, which expanded in most regions of the country, was led by gains...
  • Economic recovery outlook improves after government shutdown

     Economic recovery outlook improves after government shutdown
    WASHINGTON — The nation's economic recovery, seemingly stuck in another pothole after the 16-day federal government shutdown, now looks to be back on track again — and accelerating into the new year. Recent data, especially this week, have...
  • Bitcoin's value tumbles after China moves to limit its use

    Bitcoin's value tumbles after China moves to limit its use
    Chinese authorities on Thursday instructed the country's banks and other financial institutions not to accept bitcoin, an unregulated digital currency that has soared in value amid widespread speculation, state media reported. China's central bank and...
  • The bitcoin crash of 2013: Don't you feel silly now?

    The bitcoin crash of 2013: Don't you feel silly now?
    People who thought that bitcoins could serve as either an investment vehicle or an alternative world currency got their heads handed to them on Thursday and Friday. That's when the price of the attention-grabbing crypto-currency got crushed, falling...
  • Fed disputes cost-saving claims of switching to $1 coin

    WASHINGTON — To lawmakers and others arguing that replacing the $1 bill with a $1 coin would save the government money, the Federal Reserve says, "Don't bet on it." A new analysis by Fed staffers said the old-fashioned greenback is more durable...
  • Senate committee confirms Stanley Fischer, two other Fed nominees

    Senate committee confirms Stanley Fischer, two other Fed nominees
    The Senate Banking Committee confirmed the nomination of Stanley Fischer, the former president of the Bank of Israel, for the Federal Reserve's No. 2 job and also approved two other nominees to fill seats on the central bank's short-handed board....
  • This could be the right time for 'go-anywhere' mutual funds

    Over the last six years, roaring bears and raging bulls both have had their turns to be right about financial markets. But investing success in the next market phase could be far more about pinpointing individual opportunities than riding a wave. This...
  • Fed minutes indicate easy-money policy may persist

    Fed minutes indicate easy-money policy may persist
    WASHINGTON — An account of the Federal Reserve's last meeting suggests that policymakers aren't as eager to take away the punch bowl as the market thought. The minutes of the March 18-19 meeting state that Fed officials worried that their...
  • Fed officials say markets overreacted to Yellen rate-hike comments

    Fed officials say markets overreacted to Yellen rate-hike comments
    WASHINGTON -- Top Federal Reserve officials said financial markets overreacted to Chairwoman Janet Yellen's comments last week indicating the central bank could start raising interest rates early next year. In speeches and interviews, the officials...
  • Nigeria: Where corruption and insurrection go hand in hand

    Nigeria: Where corruption and insurrection go hand in hand
    On Feb. 20, Nigerian President Goodluck Jonathan fired his respected central bank governor, who was trying to discover what had happened to an estimated $20 billion that disappeared from the nation's oil revenue over an 18-month period. Four days later,...