Greek citizens voted in a “yes-no” referendum on Sunday. The “no” votes won with more than 60 percent.
Greece is playing a very dangerous game of chicken with its creditors and the European Central Bank (ECB).
The federal funds rate will remain ultralow, targeting between zero and 0.25 percent.
Inflation expectations have been drooping in Europe. To revive them the ECB announced an expanded asset purchase program. What does it mean for investors?
The jobs report could have pushed rates higher today but it hasn’t yet thanks to the European Central Bank.
The European Central Bank left rates at 0.75 percent but prodded countries to get their fiscal houses in order.
The European Central Bank met this week and announced that it will buy an unlimited amount of sovereign debt from euro area countries in a new sterilized plan.
The European central bank met this week and made no changes to policy, though they may take action in coming weeks.