The Central Bank

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1h
The Monterey County Herald
Yellen suggests rate increase is coming but offers no timetablerate hike in September and about a 58 percent chance by December. The Fed chai
Yellen suggests rate increase is coming but offers no timetable
The Monterey County Herald / Posted an hour ago
rate hike in September and about a 58 percent chance by December. The Fed chair on Friday defended the extraordinary tools the central bank has used to support the economy since the 2007-2009 Great Recession. To ease the impact of the recession,... Read more
129 related stories
1h
Santa Cruz Sentinel
Yellen suggests rate increase is coming but offers no timetablerate hike in September and about a 58 percent chance by December. The Fed chai
Yellen suggests rate increase is coming but offers no timetable
Santa Cruz Sentinel / Posted an hour ago
rate hike in September and about a 58 percent chance by December. The Fed chair on Friday defended the extraordinary tools the central bank has used to support the economy since the 2007-2009 Great Recession. To ease the impact of the recession,... Read more
129 related stories
1h
Boston Globe
Yellen signals time for rate increase could be nearingJACKSON HOLE, Wyo. — Federal Reserve Chair Janet L. Yellen on Friday signaled t
Yellen signals time for rate increase could be nearing
Boston Globe / Posted an hour ago
JACKSON HOLE, Wyo. — Federal Reserve Chair Janet L. Yellen on Friday signaled that the central bank is moving closer to raising its influential interest rate amid sustained improvement in the job market. In a speech at an economics conference here,... Read more
129 related stories
1h
Australian Broadcasting Corporation
US Federal Reserve may raise interest rates in Septemberthat the case for a rate increase had grown stronger, while Fed vice chair Stan
US Federal Reserve may raise interest rates in September
Australian Broadcasting Corporation / Posted an hour ago
that the case for a rate increase had grown stronger, while Fed vice chair Stanley Fischer suggested a move could come at the central bank's September policy meeting if the economy was doing well. Although US Government data this week showed the... Read more
129 related stories
1h
Brisbane Times
S&P 500 locked in tightest trading range since 1965Fischer spoke, with traders pricing in a 42 per cent probability of a move next
S&P 500 locked in tightest trading range since 1965
Brisbane Times / Posted an hour ago
Fischer spoke, with traders pricing in a 42 per cent probability of a move next month, and a nearly 65 per cent chance the central bank will act by December. That's up from 42 per cent two weeks ago, based on fed fund futures data compiled by... Read more
75 related stories
2h
The Age
S&P 500 locked in tightest trading range since 1965Fischer spoke, with traders pricing in a 42 per cent probability of a move next
S&P 500 locked in tightest trading range since 1965
The Age / Posted 2 hours ago
Fischer spoke, with traders pricing in a 42 per cent probability of a move next month, and a nearly 65 per cent chance the central bank will act by December. That's up from 42 per cent two weeks ago, based on fed fund futures data compiled by... Read more
75 related stories
2h
Sydney Morning Herald
S&P 500 locked in tightest trading range since 1965Fischer spoke, with traders pricing in a 42 per cent probability of a move next
S&P 500 locked in tightest trading range since 1965
Sydney Morning Herald / Posted 2 hours ago
Fischer spoke, with traders pricing in a 42 per cent probability of a move next month, and a nearly 65 per cent chance the central bank will act by December. That's up from 42 per cent two weeks ago, based on fed fund futures data compiled by... Read more
75 related stories
2h
Canberra Times
Yellen sees stronger case for interest rate hikeThe United States Federal Reserve is getting closer to raising interest rates a
Yellen sees stronger case for interest rate hike
Canberra Times / Posted 2 hours ago
The United States Federal Reserve is getting closer to raising interest rates again, the head of the central bank and other policymakers said on Friday in comments that left the door open for a hike as early as next month. Fed Chair Janet Yellen... Read more
129 related stories
2h
Japan Today
Yellen suggests rate hike is coming but offers no timetable ‹ Japan Todayrate hike in September and about a 58 percent chance by December. The Fed chai
Yellen suggests rate hike is coming but offers no timetable ‹ Japan Today
Japan Today / Posted 2 hours ago
rate hike in September and about a 58 percent chance by December. The Fed chair on Friday defended the extraordinary tools the central bank has used to support the economy since the 2007-2009 Great Recession. To ease the impact of the recession,... Read more
129 related stories
2h
The Middletown Press
Stocks end mostly lower after Yellen speechlate Thursday. Perhaps helping the turn of sentiment were comments on CNBC fro
Stocks end mostly lower after Yellen speech
The Middletown Press / Posted 2 hours ago
late Thursday. Perhaps helping the turn of sentiment were comments on CNBC from Fed Vice Chair Stanley Fischer suggesting the central bank could raise rates twice before year’s end, instead of once in December as many investors had been... Read more
12 related stories
3h
Brisbane Times
Yellen sees stronger case for interest rate hikeThe United States Federal Reserve is getting closer to raising interest rates a
Yellen sees stronger case for interest rate hike
Brisbane Times / Posted 3 hours ago
The United States Federal Reserve is getting closer to raising interest rates again, the head of the central bank and other policymakers said on Friday in comments that left the door open for a hike as early as next month. Fed Chair Janet Yellen... Read more
129 related stories
3h
The Age
Yellen sees stronger case for interest rate hikeThe United States Federal Reserve is getting closer to raising interest rates a
Yellen sees stronger case for interest rate hike
The Age / Posted 3 hours ago
The United States Federal Reserve is getting closer to raising interest rates again, the head of the central bank and other policymakers said on Friday in comments that left the door open for a hike as early as next month. Fed Chair Janet Yellen... Read more
129 related stories
3h
Sydney Morning Herald
Yellen sees stronger case for interest rate hikeThe United States Federal Reserve is getting closer to raising interest rates a
Yellen sees stronger case for interest rate hike
Sydney Morning Herald / Posted 3 hours ago
The United States Federal Reserve is getting closer to raising interest rates again, the head of the central bank and other policymakers said on Friday in comments that left the door open for a hike as early as next month. Fed Chair Janet Yellen... Read more
129 related stories
3h
WA Today
Yellen sees stronger case for interest rate hikeThe United States Federal Reserve is getting closer to raising interest rates a
Yellen sees stronger case for interest rate hike
WA Today / Posted 3 hours ago
The United States Federal Reserve is getting closer to raising interest rates again, the head of the central bank and other policymakers said on Friday in comments that left the door open for a hike as early as next month. Fed Chair Janet Yellen... Read more
129 related stories
5h
CBS News
Why Janet Yellen's view of the economy is dimmer than it seemsher remarks Friday in Jackson Hole, Wyoming. The job market is improving. The b
Why Janet Yellen's view of the economy is dimmer than it seems
CBS News / Posted 5 hours ago
her remarks Friday in Jackson Hole, Wyoming. The job market is improving. The broader economic outlook remains uncertain. The central bank plans to raise interest rates maybe someday. The sun sets in the west. But buried deep in the speech,... Read more
129 related stories
5h
Zero Hedge
The Reckoning Looms - Central Bankers Really Don't Know What They're Doingofficials could push to heat or cool the economy as needed. Now, after more tha
The Reckoning Looms - Central Bankers Really Don't Know What They're Doing
Zero Hedge / Posted 5 hours ago
officials could push to heat or cool the economy as needed. Now, after more than a decade of economic disappointment, the central bank confronts hardened public skepticism and growing self-doubt about its own understanding of how the U.S.... Read more
129 related stories
5h
Market Watch
Fed’s Bullard says Facebook co-founder behind activistssupported by Dustin Moskovitz, co-founder of Facebook Inc., was behind the left
Fed’s Bullard says Facebook co-founder behind activists
Market Watch / Posted 5 hours ago
supported by Dustin Moskovitz, co-founder of Facebook Inc., was behind the left-leaning Fed Up Campaign seeing to reform the central bank. A day after an unprecedented gathering between left-leaning activists and many Federal Reserve officials,... Read more
3 related stories
5h
Hartford Courant
Yellen Suggests Rate Hike Is Coming But Offers No Timetablerate hike in September and about a 58 percent chance by December. The Fed chai
Yellen Suggests Rate Hike Is Coming But Offers No Timetable
Hartford Courant / Posted 5 hours ago
rate hike in September and about a 58 percent chance by December. The Fed chair on Friday defended the extraordinary tools the central bank has used to support the economy since the 2007-2009 Great Recession. To ease the impact of the recession,... Read more
129 related stories
6h
FOX Business
Oil Futures Gain For The Session, But Fall For The Weekof a interest-rate increase at the next Federal Reserve meeting September, foll
Oil Futures Gain For The Session, But Fall For The Week
FOX Business / Posted 6 hours ago
of a interest-rate increase at the next Federal Reserve meeting September, following comments from the top two officials at the central bank. October WTI crude rose 31 cents, or 0.7%, to settle at $47.64 a barrel on the New York Mercantile... Read more
3 related stories
6h
FOX Business
Oil Futures Gain For The Session, But Fall For The Weekof a interest-rate increase at the next Federal Reserve meeting September, foll
Oil Futures Gain For The Session, But Fall For The Week
FOX Business / Posted 6 hours ago
of a interest-rate increase at the next Federal Reserve meeting September, following comments from the top two officials at the central bank. October WTI crude rose 31 cents, or 0.7%, to settle at $47.64 a barrel on the New York Mercantile... Read more
3 related stories
6h
Silicon Valley
Yellen suggests rate hike is coming but offers no timetablerate hike in September and about a 58 percent chance by December. The Fed chai
Yellen suggests rate hike is coming but offers no timetable
Silicon Valley / Posted 6 hours ago
rate hike in September and about a 58 percent chance by December. The Fed chair on Friday defended the extraordinary tools the central bank has used to support the economy since the 2007-2009 Great Recession. To ease the impact of the recession,... Read more
129 related stories
6h
CNBC
Why Bill Gross is Fed up about future tighteningBond guru Bill Gross' frustration with the Federal Reserve intensified Friday a
Why Bill Gross is Fed up about future tightening
CNBC / Posted 6 hours ago
Bond guru Bill Gross' frustration with the Federal Reserve intensified Friday after Chair Janet Yellen suggested the central bank may consider purchasing other asset classes should another recession appear. The Fed's thinking stems from a... Read more
6h
Reuters
Fed's Yellen offers dose of uncertainty to markets hungry for a cluerates remain high, she said it is conceivable the Fed is never able to raise th
Fed's Yellen offers dose of uncertainty to markets hungry for a clue
Reuters / Posted 6 hours ago
rates remain high, she said it is conceivable the Fed is never able to raise the policy rate beyond 2.0 percent, leaving the central bank anchored uncomfortably close to zero. A recession at that point, she said, would mean that "asset purchases... Read more
7h
The New Zealand Herald
Property prices - Canada acts, NZ waitswill be required to ensure that residential property investors have to pony up
Property prices - Canada acts, NZ waits
The New Zealand Herald / Posted 7 hours ago
will be required to ensure that residential property investors have to pony up more equity under new loan-to-value rules. The central bank had also suggested the Government should play a bigger role itself in getting the market under control. So... Read more
7h
Zero Hedge
Why Is FaceBook Funding "Anti-Fed" Activistscampaign of Hillary Clinton to support reforms of the Fed that would reduce the
Why Is FaceBook Funding "Anti-Fed" Activists
Zero Hedge / Posted 7 hours ago
campaign of Hillary Clinton to support reforms of the Fed that would reduce the banking sector's influence over the central bank. What is notable about this faux "anti-fed" organization, however, is that the "activists" efforts, which... Read more
7h
Philly.com
Chair Yellen defends Fed's fight for growthFederal Reserve chair Janet Yellen, at the Fed gathering in Jackson Hole, Wyo.,
Chair Yellen defends Fed's fight for growth
Philly.com / Posted 7 hours ago
Federal Reserve chair Janet Yellen, at the Fed gathering in Jackson Hole, Wyo., this morning, revived expectations the central bank may raise interest rates as soon as next month. But mostly Yellen focused on detailing what the Fed has done instead... Read more
129 related stories
7h
Market Watch
Yellen explains why the Fed did not reduce balance sheet to tighten policythat approach because it was concerned about how that might impact the markets,
Yellen explains why the Fed did not reduce balance sheet to tighten policy
Market Watch / Posted 7 hours ago
that approach because it was concerned about how that might impact the markets, Chairwoman Janet Yellen said Friday. The central bank’s balance sheet has swollen in the years since the financial crisis as it bought Treasury and... Read more
8h
FOX Business
Yellen:Case for Higher Rates Has Strengthened, Markets Not So Sureand economic data will continue to be the guiding light for the FOMC’s decision
Yellen:Case for Higher Rates Has Strengthened, Markets Not So Sure
FOX Business / Posted 8 hours ago
and economic data will continue to be the guiding light for the FOMC’s decision-making process in the months ahead as the central bank anticipates gradually moving rates higher. Meanwhile, Wall Street’s expectations for at least one interest... Read more
129 related stories
8h
FOX Business
Yellen:Case for Higher Rates Has Strengthened, Markets Not So Sureand economic data will continue to be the guiding light for the FOMC’s decision
Yellen:Case for Higher Rates Has Strengthened, Markets Not So Sure
FOX Business / Posted 8 hours ago
and economic data will continue to be the guiding light for the FOMC’s decision-making process in the months ahead as the central bank anticipates gradually moving rates higher. Meanwhile, Wall Street’s expectations for at least one interest... Read more
129 related stories
8h
Fortune
Here's Why Markets Loved Janet Yellen's Speech at Jackson Holeby the meat of Yellen’s speech, in which she discussed the changing Fed policy
Here's Why Markets Loved Janet Yellen's Speech at Jackson Hole
Fortune / Posted 8 hours ago
by the meat of Yellen’s speech, in which she discussed the changing Fed policy toolkit and reassured market watchers that the central bank has plenty of firepower to fight the next recession, whenever it may arrive. Larry Summers, the man Janet... Read more
129 related stories
8h
Market Watch
Negative rates are best stimulus option, Fed officials told at Jackson Holeto put money in the economy. For Goodfriend, these are decisions about taxing
Negative rates are best stimulus option, Fed officials told at Jackson Hole
Market Watch / Posted 8 hours ago
to put money in the economy. For Goodfriend, these are decisions about taxing and spending that do not belong at the central bank. In addition, for a central bank to engage in these policies poses too much of an inflation risk. “Pressure... Read more
129 related stories
8h
AllAfrica.com
Mixed Reactions As Kenya Caps Interest Ratesrates is a dangerous precedent. Yesterday, Mr Uhuru signed into law a Bill cap
Mixed Reactions As Kenya Caps Interest Rates
AllAfrica.com / Posted 8 hours ago
rates is a dangerous precedent. Yesterday, Mr Uhuru signed into law a Bill capping bank interest rates at 4 per cent above the Central Bank Benchmark Rate. The law will regulate applicable rates to bank loans and deposits thereby capping interests... Read more
8h
Reuters
Negative rates should be integral part of central bank policy optionsgrowth and inflation from persistently low levels. When rates are negative, ba
Negative rates should be integral part of central bank policy options
Reuters / Posted 8 hours ago
growth and inflation from persistently low levels. When rates are negative, banks must pay to hold funds on deposit at the central bank, giving them added incentive to lend. They have already been introduced in the Euro area, Switzerland,... Read more
129 related stories
9h
Pilipino Star
Travelers now allowed to bring out up to P50Kmeasures in an effort to bring the public back to the banking system. Aside fr
Travelers now allowed to bring out up to P50K
Pilipino Star / Posted 9 hours ago
measures in an effort to bring the public back to the banking system. Aside from the increase in the limit for travellers, the central bank also raised the ceiling wherein Philippine residents could purchase up to $500,000 in foreign exchange... Read more
9h
Zero Hedge
Best Reaction Yet: "Yellen Speech A Whole Lot Of Nothing"While previously we showed Goldman's kneejerk response to the Yellen speech, ac
Best Reaction Yet: "Yellen Speech A Whole Lot Of Nothing"
Zero Hedge / Posted 9 hours ago
While previously we showed Goldman's kneejerk response to the Yellen speech, according to which the central bank-spawning hedge fund saw Yellen's speech so hawkish it raised Goldman's odds for a September rate hike from 30% to 40%, it was also wrong... Read more
9h
Fortune
Read the Full Text of Janet Yellen's Jackson Hole Speech on Interest RatesWithin the operational realm, key choices include the selection of policy instr
Read the Full Text of Janet Yellen's Jackson Hole Speech on Interest Rates
Fortune / Posted 9 hours ago
Within the operational realm, key choices include the selection of policy instruments, the specific markets in which the central bank participates, and the size and structure of the central bank’s balance sheet. These topics are of great... Read more
129 related stories
9h
Business Standard India
Rajan welcomes Urjit Patel as his successorwelcomes Urjit Patel as his successorPatel, currently a deputy governor at the
Rajan welcomes Urjit Patel as his successor
Business Standard India / Posted 9 hours ago
welcomes Urjit Patel as his successorPatel, currently a deputy governor at the RBI, will replace Rajan at the helm of the central bank on September 4 Patel, currently a deputy governor at the RBI, will replace Rajan at the helm of the central... Read more
2 related stories
9h
Business Standard India
RBI wants to liberalise while strengthening bond markets: Rajansaid the aim is at allowing greater participation to add liquidity while balanc
RBI wants to liberalise while strengthening bond markets: Rajan
Business Standard India / Posted 9 hours ago
said the aim is at allowing greater participation to add liquidity while balancing it with caution in opening up. However, the central bank would continue to be careful about broadening retail access in markets that require sophisticated... Read more
21 related stories
9h
Business Standard India
India needs mini-bangs, not big-bang reforms: Raghuram Rajanjust because an entity or activity is deemed important for the nation, said Rag
India needs mini-bangs, not big-bang reforms: Raghuram Rajan
Business Standard India / Posted 9 hours ago
just because an entity or activity is deemed important for the nation, said Raghuram Rajan, the outgoing governor of the central bank on Friday. Instead of asking for the regulators to relax norms, the government should provide direct... Read more
21 related stories
9h
New Kerala
RBI wants to liberalise while strengthening bond markets: Rajan - newkerala.com #110345New Delhi, Aug 26 : Reserve Bank of India (RBI) Governor Raghuram Rajan on Frid
RBI wants to liberalise while strengthening bond markets: Rajan - newkerala.com #110345
New Kerala / Posted 9 hours ago
New Delhi, Aug 26 : Reserve Bank of India (RBI) Governor Raghuram Rajan on Friday said that the central bank aims to go for liberalisation while strengthening the bond market. "Our aim is to liberalise steadily, but in a thoughtful way, continuously... Read more
21 related stories
9h
AllAfrica.com
CIBN Holds 10th Banking, Finance Conferenceand strategies. President Muhammadu Buhari, is expected as the Distinguished G
CIBN Holds 10th Banking, Finance Conference
AllAfrica.com / Posted 9 hours ago
and strategies. President Muhammadu Buhari, is expected as the Distinguished Guest of Honour, while the Governor of the Central Bank of Nigeria, Godwin Emefiele, will deliver the Keynote Address and the President/Chairman of Council, CIBN,... Read more
9h
AllAfrica.com
Nigeria Asks Banks to Give 60% of Their Forex to Manufacturing Firmsin oil revenues, have hit manufacturers' ability to import raw materials and sp
Nigeria Asks Banks to Give 60% of Their Forex to Manufacturing Firms
AllAfrica.com / Posted 9 hours ago
in oil revenues, have hit manufacturers' ability to import raw materials and spare parts, forcing many plants to close. The central bank said in a circular it wanted to encourage the production of local goods by asking banks to allocate more... Read more
10h
Bangkok Post - Thailand's English news
Yellen keeps market guessingfor a rate increase at the Sept 20-21 policy meeting. But observers said Ms Yel
Yellen keeps market guessing
Bangkok Post - Thailand's English news / Posted 10 hours ago
for a rate increase at the Sept 20-21 policy meeting. But observers said Ms Yellen hedged her comments in ways that give the central bank an out if economic data in the next few weeks turn out to be disappointing. The decision could hinge on... Read more
129 related stories
10h
FOX Business
Wall Street Rises as Yellen Says Case for Rate Hike Strongera gathering of global central bankers in Jackson Hole, Wyoming, did not indicat
Wall Street Rises as Yellen Says Case for Rate Hike Stronger
FOX Business / Posted 10 hours ago
a gathering of global central bankers in Jackson Hole, Wyoming, did not indicate when the Fed would raise rates, but said the central bank thinks future hikes should be "gradual". "In light of the continued solid performance of the labor market... Read more
10h
FOX Business
Wall Street Rises as Yellen Says Case for Rate Hike Strongera gathering of global central bankers in Jackson Hole, Wyoming, did not indicat
Wall Street Rises as Yellen Says Case for Rate Hike Stronger
FOX Business / Posted 10 hours ago
a gathering of global central bankers in Jackson Hole, Wyoming, did not indicate when the Fed would raise rates, but said the central bank thinks future hikes should be "gradual". "In light of the continued solid performance of the labor market... Read more
10h
The Hill
Yellen: Case for rate hike has grown strongercase for raising interest rates soon. With three policy meetings left this yea
Yellen: Case for rate hike has grown stronger
The Hill / Posted 10 hours ago
case for raising interest rates soon. With three policy meetings left this year, Yellen indicated strongly Friday that the central bank could raise rates again before 2016 is over, as she painted the economy as continuing a slow, but steady,... Read more
129 related stories
10h
Sun Star
Designing womenand likened to Manila Fame, MTE became one of the most anticipated events in th
Designing women
Sun Star / Posted 10 hours ago
and likened to Manila Fame, MTE became one of the most anticipated events in the Southern part of the country. No less than the Central Bank convention center was utilized as venue to accommodate exhibitors from the Bimp-Eaga and the Mindanao... Read more
10h
USA Today
5 interest rate basics to know in advance of a Fed hikeaffect all interest rates. There are many different types of interest rates, a
5 interest rate basics to know in advance of a Fed hike
USA Today / Posted 10 hours ago
affect all interest rates. There are many different types of interest rates, and they don't all react to the same things. The central bank exerts most control over short-term, variable rates such as yields on money market funds. By contrast, the... Read more
10h
Los Angeles Times
Fed Chair Janet Yellen: The case for another interest rate hike 'has strengthened in recent months'the Fed expected “moderate” economic growth, “additional strengthening in the l
Fed Chair Janet Yellen: The case for another interest rate hike 'has strengthened in recent months'
Los Angeles Times / Posted 10 hours ago
the Fed expected “moderate” economic growth, “additional strengthening in the labor market” and inflation rising toward the central bank’s annual 2% target, Yellen appeared to be preparing financial markets for a potential September rate... Read more
129 related stories
10h
Market Watch
Fed’s Yellen says case for another interest-rate hike has strengthenedSan Francisco Fed President John Williams — were “important subjects for resear
Fed’s Yellen says case for another interest-rate hike has strengthened
Market Watch / Posted 10 hours ago
San Francisco Fed President John Williams — were “important subjects for research” but not being “actively considered” at the central bank. Yellen said Fed officials “may wish to explore the possibility of purchasing a broader range of... Read more
129 related stories
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