Central Banking
Fed keeps outlook for near-zero rates for 'extended period'
Dec 16, 2009 14:28 EST
The US Federal Reserve Wednesday extended its near-zero interest rate policy and maintained its view that exceptionally low rates are likely to remain in effect "for an extended period."
Fed keeps outlook for near-zero rates for 'extended period'
Dec 16, 2009 14:24 EST
The US Federal Reserve Wednesday maintained its near-zero interest rate policy and maintained its view that exceptionally low rates are likely to remain in effect "for an extended period."
Time magazine names Bernanke 'Person of the Year'
Dec 16, 2009 13:18 EST
Time magazine names Federal Reserve Chairman Ben Bernanke 'Person of the Year'. Federal Reserve Chairman Ben Bernanke (bur-NANG'-kee) has been named Time magazine's "Person of the Year" for 2009.
Fed chairman Bernanke named Time's 'Person of the Year'
Dec 16, 2009 12:13 EST
Time magazine named Ben Bernanke its 2009 "Person of the Year" on Wednesday, crediting the Federal Reserve Bank chairman with helping guide the United States through financial turmoil.
Fed chairman Bernanke named Time's 'Person of the Year'
Dec 16, 2009 12:08 EST
Time magazine named Ben Bernanke its 2009 "Person of the Year" on Wednesday, crediting the Federal Reserve Bank chairman with helping guide the United States through financial turmoil.
Fed chairman Bernanke named Time's 'Person of the Year'
Dec 16, 2009 12:07 EST
Time magazine named Ben Bernanke its 2009 "Person of the Year" on Wednesday, crediting the Federal Reserve Bank chairman with helping guide the United States through financial turmoil.
Fed to keep rates near zero but exit strategy looms
Dec 16, 2009 10:58 EST
The US Federal Reserve was likely to reaffirm its ultra-stimulative monetary policy at the end a two-day meeting Wednesday being watched for signs of an "exit strategy" from a massive stimulus effort.
Fed to keep rates near zero but exit strategy looms
Dec 16, 2009 10:56 EST
The US Federal Reserve was likely to reaffirm its ultra-stimulative monetary policy at the end a two-day meeting Wednesday being watched for signs of an "exit strategy" from a massive stimulus effort.
Senate vote on Bernanke expected in January: aide
Dec 16, 2009 10:52 EST
WASHINGTON (Reuters) - The full U.S. Senate seems certain to put off until next month a vote to reconfirm Ben Bernanke to a second term as chairman of the Federal Reserve, a Democratic aide said on Wednesday.
US consumer prices jump 0.4 percent, led by energy
Dec 16, 2009 10:25 EST
US consumer prices climbed 0.4 percent in November, according to government data Wednesday indicating inflation is in check.
FTSE advances as banks shine
Dec 16, 2009 09:51 EST
London shares rose in midday trade in a rally led by banking shares as traders awaited a key Federal Reserve policy announcement.
Time magazine names Bernanke 'Person of the Year'
Dec 16, 2009 09:45 EST
Time magazine on Wednesday named Federal Reserve Bank Chairman Ben Bernanke its 2009 "Person of the Year."
Stocks seen notching up more gains in 2010
Dec 16, 2009 09:42 EST
NEW YORK (Reuters) - Stocks should score a second straight year of gains in 2010 as an economic recovery brightens the profit outlook, extending the market's rebound from the depths of a punishing financial crisis, a Reuters poll showed on Wednesday.
Cautiously upbeat Fed set to keep policy on hold
Dec 16, 2009 09:33 EST
WASHINGTON (Reuters) - The Federal Reserve is expected to stick to its highly accommodative monetary policy when it wraps up a two-day meeting on Wednesday, with high unemployment constraining enthusiasm about an improving economy.
Bernanke says banks stabilized, but lending still weak
Dec 16, 2009 08:54 EST
NEW YORK (Reuters) - Federal Reserve Chairman Ben Bernanke said on Wednesday that U.S. banks have been stabilized but lending remains too weak to support a healthy recovery.
US consumer prices jump 0.4%, led by energy
Dec 16, 2009 08:48 EST
US consumer prices climbed 0.4 percent in November, led by a spike in energy costs, government data showed Wednesday.
Time magazine names Bernanke 'Person of the Year'
Dec 16, 2009 08:27 EST
Time magazine on Wednesday named Federal Reserve Bank Chairman Ben Bernanke its 2009 "Person of the Year."
Time magazine names Bernanke 'Person of the Year'
Dec 16, 2009 08:11 EST
Time magazine on Wednesday named Federal Reserve Bank Chairman Ben Bernanke its 2009 "Person of the Year."
Time magazine names Bernanke 'Person of the Year'
Dec 16, 2009 07:58 EST
Time magazine on Wednesday named Federal Reserve Bank Chairman Ben Bernanke its 2009 "Person of the Year."
ECB loan operation raises concern over eurozone banks
Dec 16, 2009 07:47 EST
The European Central Bank said Wednesday it would lend banks nearly 97 billion euros (141 billion dollars) for a year, raising concerns over part of the eurozone's banking system.
