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Powell to speak on economy next Wednesday
Federal Reserve Chairman Jerome Powell will talk about the economic outlook next week, the central bank announced Friday. Powell will talk to the Peterson Institute for International Economics via webcast on Wednesday at 9 a.m. Eastern. A re.....»»
"A buying spree of epic proportions": How the Federal Reserve bucked precedent and forever changed its role in the US economy
Eric Baradat/AFP/Getty Images The Federal Reserve's rapid balance sheet expansion and move into corporate bond purchases has seen the central bank trade its independence from markets for a "whatever it takes" attitude. The coronavirus pandemic plunged.....»»
Stocks trim record monthly gains as ECB PEPP talk falls flat
World stocks suffered a slip on their way to record monthly gains on Thursday, as the European Central Bank held back from providing another instant hit of stimulus and millions more Americans filed unemployment claims......»»
Community Food Bank of Central Alabama names new CEO
A new chief executive officer will start this spring at the Community Food Bank of Central Alabama. Brett Meredith will start the role May 4. He'll lead that nonprofit that serves a 12-county area and works in collaboration with over 230 agencie.....»»
Private Companies Could Play Role in Digital Currency Issuance, Bank of England Says
Analysts from the U.K.'s central bank said private currencies could work alongside any future CBDC initiative if they offered real utility......»»
SocGen, Natixis skip 2019 dividends, may consider payments in second half
French banks, Societe Generale and Natixis joined a cohort of European peers that announced plans to skip 2019 dividends following the European Central Bank's guidance to direct profits toward supporting the economy during the coronavirus crisis......»»
Lagarde told EU chiefs ECB looking at all tools for virus response, Report
The European Central Bank meets this week.....»»
Child and Family Service Board names new chair
Arnold Martines, group executive vice president of Central Pacific Bank, has been appointed the new chair of the Child and Family Service board of directors. He replaces outgoing chair, Tony Mizuno, EVP of Bank of Hawaii. Prior to his new role, .....»»
The ECB wants to talk to you about inflation. But will it listen?
For many people, the language of European Central Bank policymakers is so impenetrable, it could be beamed from another planet......»»
Swiss franc falls as central bank intervention talk outweighs virus worries
The Swiss franc fell on Wednesday on signs the central bank may be intervening to stop it rising further, outweighing the impact of concerns about the spread of a new coronavirus that have driven investors into safe-haven assets this week......»»
European Central Bank Continues Assessing "Feasibility And Merits" Of Digital Currencies
The European Central Bank (ECB) is sticking to its guns on playing "an active role" in the digital currency field, said ECB’s President Christine Lagarde on Wednesday. 0 read more.....»»
Central bank chiefs in Dallas, Minneapolis, Philadelphia and Cleveland will help determine interest rates in 2020. Here"s where they stand ahead of the next Fed meeting.
AP Photo/Jacquelyn Martin Federal Reserve policymakers became divided over how to keep the economy in a healthy place last year. That could change in 2020 as the central bank shifts the power of its policy-setting committee. Here's where they .....»»
Bank of Italy chief defends regulator"s role in Bari bank crisis
The head of Italy's central bank rebuffed criticism of its role in supervising struggling lender Banca Popolare di Bari and said in an interview published on Monday that it was ready to account for its actions......»»
The Fed: Trump meets with Fed boss Powell to talk economy after months of tension
Federal Reserve Chairman Jerome Powell met with President Donald Trump at his request on Monday to discuss the economy, but the central bank said the Powell gave no hints or promises about what it will do next......»»
Birmingham nonprofit director tapped for national C-level role
A Birmingham nonprofit executive director has accepted a C-level role with a national nonprofit in Chicago. Kathryn Strickland, who heads up the Community Food Bank of Central Alabama, has will begin a chief network officer position with Feeding Ameri.....»»
US Federal Reserve Hiring Retail Payments Manager to Research Digital Currencies
The central bank is expanding the role of its Retail Payments Manager to include digital currencies, stablecoins and distributed ledger technologies as part of a new hire......»»
US Federal Reserve Hiring Retail Payments Manager to Integrate Digital Currencies
The central bank is expanding the role of its Retail Payments Manager to include digital currencies, stablecoins and distributed ledger technologies as part of a new hire......»»
ECB denies report it is pressing Deutsche Bank"s CEO to split role
The European Central Bank denied on Monday a report in the Financial Times that it is putting pressure on Deutsche Bank's Christian Sewing to give up his dual role as chief executive and investment bank head......»»
New York Fed says its looking into banks" role in funding-market issues
New York Fed President John Williams said the central bank was looking into why banks wit.....»»
Fed"s Powell says politics play no role in interest-rate decisions
U.S. Federal Reserve Chair Jerome Powell on Friday defended the central bank against the suggestion it would use monetary policy to affect political outcomes or be moved to take action based on political considerations......»»