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    Mar 22, 2013 |Story| Los Angeles Times

  1. Cyprus scrambles to put together bailout package

    ATHENS -- Racing against time and short on choices, Cyprus on Friday moved to vote on yet another bailout formula its government cobbled together to secure a $13-billion international lifeline that will keep its weak banks afloat and avert a devastating default.
    ATHENS -- Racing against time and short on choices, Cyprus on Friday moved to vote on yet another bailout formula its government cobbled together to secure a $13-billion international lifeline that will keep its weak banks afloat and avert a devastating...

    Tags: Religion and Belief, Chinua Achebe, International Monetary Fund, Economy, Business and Finance, Christianity

    2. Mar 20, 2013 |Story| Los Angeles Times

  2. Fed says moderate growth has returned, will stay course on stimulus

    WASHINGTON -- Federal Reserve officials Wednesday acknowledged the recent pick-up in economic growth, noting in particular “labor market conditions have shown signs of improvement,” but the central bank made no change in its ongoing aggressive stimulus programs.
    WASHINGTON -- Federal Reserve officials Wednesday acknowledged the recent pick-up in economic growth, noting in particular “labor market conditions have shown signs of improvement,” but the central bank made no change in its ongoing aggressive...

    Tags: Federal Reserve, Employment, Inflation and Deflation, Economy, Business and Finance, Money and Monetary Policy

    3. Mar 4, 2013 |Story| Los Angeles Times

  3. Economists increasingly wary of Fed's stimulus policy

    Even as top Federal Reserve officials continue to defend their economic stimulus, a growing number of industry and academic economists view the Fed's policy now as too aggressive -- with two-thirds of those recently surveyed saying the central bank should terminate its controversial bond-buying program this year.
    Even as top Federal Reserve officials continue to defend their economic stimulus, a growing number of industry and academic economists view the Fed's policy now as too aggressive -- with two-thirds of those recently surveyed saying the central bank should...

    Tags: Budget Control Act of 2011, Economic Policy, Federal Reserve, Ben Bernanke, Economy, Business and Finance

    4. Feb 26, 2013 |Story| Los Angeles Times

  4. Bernanke warns Congress that budget cuts pose danger [Updated]

    WASHINGTON -- Federal Reserve Chairman Ben S. Bernanke warned Tuesday that the upcoming budget cuts under the so-called sequestration would create a "significant" burden on an economy that is growing only moderately.
    This post has been updated, as indicated below.
    WASHINGTON -- Federal Reserve Chairman Ben S. Bernanke warned Tuesday that the upcoming budget cuts under the so-called sequestration would create a "significant" burden on an economy that is growing only moderately. In his semi-annual economic report...

    Tags: Employment, Federal Reserve, Inflation and Deflation, Public Finance, Money and Monetary Policy

    5. Jan 22, 2013 |Story| Los Angeles Times

  5. Japan's central bank pledges new stimulus to combat deflation

    WASHINGTON -- Taking a page from the Federal Reserve's stimulus playbook, Japan's central bank on Tuesday set a 2% inflation target and made an "open-ended" pledge to buy a potentially unlimited amount of government bonds to bolster its long sluggish economy.
    WASHINGTON -- Taking a page from the Federal Reserve's stimulus playbook, Japan's central bank on Tuesday set a 2% inflation target and made an "open-ended" pledge to buy a potentially unlimited amount of government bonds to bolster its long sluggish...

    Tags: Japan, Inflation and Deflation, Federal Reserve, Economy, Business and Finance, Consumer Confidence

    6. Feb 20, 2013 |Story| Los Angeles Times

  6. Fed policymakers increasingly divided over monetary stimulus

    WASHINGTON -- An increasing number of top Federal Reserve officials are worried about the downside of their economic stimulus efforts, raising the possibility that the central bank could curb its monthly bond purchases sooner than financial markets are expecting.
    WASHINGTON -- An increasing number of top Federal Reserve officials are worried about the downside of their economic stimulus efforts, raising the possibility that the central bank could curb its monthly bond purchases sooner than financial markets are...

    Tags: Federal Reserve, Ben Bernanke, Employment, Economy, Business and Finance, Employment Opportunities

    7. Feb 16, 2013 |Story| Los Angeles Times

  7. G-20 moves to allay fears of 'currency war'

    WASHINGTON -- Top finance officials of the Group of 20 largest economies sought Saturday to allay fears of a currency war, pledging not to target exchange rates to gain a competitive advantage in trade.
    WASHINGTON -- Top finance officials of the Group of 20 largest economies sought Saturday to allay fears of a currency war, pledging not to target exchange rates to gain a competitive advantage in trade. But the joint statement, issued at the end of a G-...

    Tags: Foreign Exchange Market, Economic Policy, Currency Values, Japan, Federal Reserve

    8. Feb 7, 2013 |Story| Los Angeles Times

  8. Ireland seals deal to ease crippling bank bailout costs

    LONDON — Ireland sealed a deal with the European Central Bank on Thursday to ease the crippling cost of its public bailout of failing banks, keeping the country on track to wean itself from international emergency loans.
    LONDON — Ireland sealed a deal with the European Central Bank on Thursday to ease the crippling cost of its public bailout of failing banks, keeping the country on track to wean itself from international emergency loans. By overhauling repayment...

    Tags: Enda Kenny, International Monetary Fund, Republic of Ireland, Mexico, European Central Bank

    9. Jan 30, 2013 |Story| Los Angeles Times

  9. Federal Reserve holds steady on interest rates and stimulus effort

    WASHINGTON -- With economic growth slowing in recent months, the Federal Reserve said Wednesday it would keep short-term interest rates near zero and continue its latest bond-buying stimulus program.
    WASHINGTON -- With economic growth slowing in recent months, the Federal Reserve said Wednesday it would keep short-term interest rates near zero and continue its latest bond-buying stimulus program. Following a two-day meeting, Fed policymakers said...

    Tags: Productivity, Federal Reserve, Employment, Economy, Business and Finance, Fiscal Cliff

    10. Jan 23, 2013 |Story| Los Angeles Times

  10. Investors say U.S. fiscal woes pose biggest risk to global economy

    WASHINGTON -- Investors around the world say the fiscal woes of the U.S. -- highlighted by the ongoing fight over the debt limit -- pose the biggest risk to the global economy this year, according to poll results released Wednesday.
    WASHINGTON -- Investors around the world say the fiscal woes of the U.S. -- highlighted by the ongoing fight over the debt limit -- pose the biggest risk to the global economy this year, according to poll results released Wednesday. More than a third of...

    Tags: Federal Reserve, Globalization, Mario Draghi, Fiscal Cliff, White House

    11. Jan 10, 2013 |Story| Los Angeles Times

  11. Governor of Egypt's Central Bank resigns

    CAIRO -- Egypt's Central Bank Gov. Farouk el-Okdah resigned Thursday amid tumultuous economic conditions marked by shrinking foreign reserves and the continuing decline of the Egyptian pound against the U.S. dollar. President Mohamed Morsi accepted El-...

    Tags: Mohamed Morsi, International Monetary Fund, Politics, Government, Regional Authority

    12. Dec 12, 2012 |Story| Los Angeles Times

  12. Fed renews stimulus efforts, ties interest rates to jobless rate

    WASHINGTON -- The Federal Reserve, maintaining its aggressive efforts to stimulate a slow-growing economy burdened by high unemployment, said it would continue its large-scale bond-buying programs in the new year and, for the first time, announced explicit unemployment- and inflation-rate targets for when the central bank would raise interest rates.  
    WASHINGTON -- The Federal Reserve, maintaining its aggressive efforts to stimulate a slow-growing economy burdened by high unemployment, said it would continue its large-scale bond-buying programs in the new year and, for the first time, announced...

    Tags: Federal Reserve, Inflation and Deflation, Employment, Fiscal Cliff, Consumer Confidence

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Central Bank Photos
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 » All 18 Central Bank photos