After this week’s disappointing economic figures, China’s central bank said Saturday that it would reduce the share of deposits banks must set aside as reserves.

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After Disappointing Figures, China Will Try to Stimulate Economy

China’s inflation rate slows to 3.4% in April, raising hopes that the central bank will cut interest rates to sustain growth.

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China inflation rate down to 3.4%

Despite efforts to implant a cease-fire, Syrian authorities said on Monday that attackers had fired anti-tank rockets at the office of the Central Bank in Damascus.

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Attackers Fire Rockets at Syrian Central Bank

The actions include freezing all property of the Central Bank of Iran, other Iranian financial institutions and the Iranian government in this country.

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White House Moves to Tighten Sanctions on Iran

Federal Reserve Chairman Ben S. Bernanke on Thursday cautioned lawmakers against taking any steps that would hurt economic growth as they work to cut the nation’s debt, and he defended the central bank’s recent actions to support the economy. Read full article > >

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Fed chief warns Congress against hampering growth while cutting debt

The bill also applies penalties against Iran’s central bank in an effort to hamper Tehran’s ability to finance its nuclear enrichment program.

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Obama Signs Military Spending Bill

The country’s central bank will reduce the reserve requirement ratio in an attempt to encourage banks to increase lending.

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China, in Surprising Shift, Takes Steps to Spur Bank Lending

The Obama administration opened a new front Monday in its campaign to squeeze Iran economically by formally designating the country’s entire financial sector a “money laundering concern,” a move intended to discourage companies from doing business with Iranian banks. The unusual measure was unveiled as U.S. officials announced new sanctions against Iran’s oil industry and expanded the growing ranks of Iranian companies and individuals blacklisted from trading with Americans. The White House stopped short of imposing sanctions directly on the Central Bank of Iran, as some U.S. lawmakers have urged. Read full article > >

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U.S., allies hit Iran with new sanctions

The United States and its allies on Monday targeted Iran’s central bank and petrochemical industry with new sanctions as they are seeking to tighten the vise on Tehran’s nuclear activities.

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United States and Allies Expand Sanctions on Iran

A member of the European central bank’s governing council has warned it may stop buying Italian debt if the government fails to reform.

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Italy warned on economic reforms

When Federal Reserve policymakers meet to decide the nation’s monetary policy, they usually discuss where the economy is heading and how they should adjust interest rates to try to keep prices stable and Americans employed. At their meeting this week , bigger ideas will be on the table. No major policy changes are expected out of the two-day session beginning Tuesday, but the discussion will probably focus on some core questions about how the central bank communicates with the public about its goals and expectations for the economy. Read full article > >

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Fed policymakers mull how to share economic goals and expectations

The chairman of the Federal Reserve, Ben Bernanke, signals that the US central bank will not take any immediate action to boost growth.

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Fed chief signals no new stimulus

The head of the US central bank, Ben Bernanke, prepares to give a high-profile speech as markets look for hints of new stimulus.

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Markets await key Bernanke speech

Zimbabwe’s central bank governor tries to reassure foreign investors after major companies were warned they could be nationalised.

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Zimbabwe’s bank chief calms firms

Zimbabwe’s central bank governor tries to reassure foreign investors after major companies were warned they could be nationalised.

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Zimbabwe’s bank chief calms firms