Bonds sold off as traders read the Fed's new rate forecasts as slightly more aggressive, but dovish comments from Yellen and the Fed statement drove stocks up.» Read More
Joerg Kraemer, Chief Economist of Commerzbank, agrees with the OECD's move to cut growth forecasts for the euro zone and says the European Central Bank is being overly optimistic.
After being blamed for the subprime mortgage crisis, will the ECB’s new bond-buying program rejuvenate the much-maligned asset-backed security?
Bundesbank President Jens Weidmann says he is "skeptical" about the European Central Bank's purchases of asset-backed securities as it transfers risks to the taxpayers.
The Federal Reserve is increasingly expected to send a more hawkish message when it meets next week.
BlackRock joined other firms in tweaking its rulebook after encountering the threat of negative yields.
Financial markets would be foolish to dismiss the very real threat of a "yes" vote in Scotland, says UBS's Bill O'Neill.
The euro zone still needs structural reforms to enhance the effectiveness of monetary and fiscal policies, say ECB President Mario Draghi and Jeroen Dijsselbloem, president of the Eurogroup.
Jeroen Dijsselbloem, president of the Eurogroup, says he welcomes the latest round of ECB and adds Eurogroup members must now "take advantage of the time" the central bank gave them.
Bank of Finland governor Erkki Liikanen, says the problem of too big to fail banks still remains.
The Finnish central bank governor told CNBC that the ECB stands ready to take further measures if required.
Bank of Finland governor Erkki Liikanen, says structural reforms are critical for euro zone countries if they want to take advantage of easy ECB monetary policy.
Bank of Finland governor Erkki Liikanen says asset backed security products needed to be clearer and simpler.
Bank of Finland governor Erkki Liikanen says the ECB must implement what it has announced and then see whether further action is needed.
ECB President Mario Draghi urged governments to match the ECB's effort with investment and structural reforms to help the flagging euro zone grow.
Paul Sedgwick, head of investment at Frank Investments, says the Fed and the Bank of England are likely to hike their rates within the next six months but that the ECB won't start a QE program.
The bond market is starting to give the stock market agita, and focus could remain on interest rates Wednesday as traders try to handicap the Fed's next move.
Yra Harris, partner at Praxis Trading, comments on the latest round of ECB actions and says the European economy now needs structural and fiscal reforms.
Constantin Gurdgiev, professor of finance at Trinity College Dublin, says that by repaying some of its IMF loan, Ireland would achieve "significant savings".
Morgan Stanley has downgraded its euro zone growth forecast — despite the rate cuts and bond-buying program announced by the ECB last week.
Brian Reynolds, chief market strategist at Rosenblatt Securities, says the latest round of ECB action is positive for both European and U.S. risk assets but that it won't help economic growth.