Central Bank | featured news

The transfer, a record sum, was the result of the central bank’s actions to support the fragile housing market.

Ben S. Bernanke argued that information gleaned from the banking oversight process helps the central bank guide the economy.

Federal Reserve Vice Chairman Donald Kohn's decision to step down at the end of June gives President Barack Obama a chance to put a bigger imprint on the central bank.

Federal Reserve Chairman Ben Bernanke told Congress on Wednesday that a weak job market and low inflation would likely allow the central bank to keep interest rates at very low levels for a long time.

As markets boom, Fed officials and central bank researchers are looking for ways to keep housing and credit bubbles from happening in the first place.

Australia's central bank raised its key cash rate by 25 basis points to 3.25 percent on Tuesday, as surprising economic strength allowed it to withdraw some of the exceptional stimulus doled out during the global credit crisis.