As Europe struggles financially it bears close scrutiny. So goes the euro, the countries of Greece, Spain, Portugal, Italy, Ireland, and the European economy, so goes Europe and so goes the US.

ECB Launches Major Stimulus Package, Cuts Key Rate

from The Wall Street Journal,

European Central Bank launches sweeping package of interest-rate cuts and bond purchases

The European Central Bank cut its key interest rate and launched a sweeping package of bond purchases Thursday that lays the ground work for a long period of ultraloose monetary policy, jolting European financial markets and triggering an immediate response from President Trump. The ECB’s preemptive move was aimed at insulating the eurozone’s wobbling economy from a global slowdown and trade tensions.

More From The Wall Street Journal (subscription required):

365 Days Page
Comment ( 0 )