The divergence in play for much of this year is a theme likely to dominate in the days and months ahead.» Read More
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.
Alberto Gallo, head of European macro credit research at RBS, comments on Italy and France and says the "ball's now in governments' courts" as the ECB has delivered more than was expected.
Jörg Asmussen, former ECB executive board member, says monetary policy cannot be a substitute for structural reform in the euro area.
Speaking to CNBC on the sidelines of the Ambrosetti Forum, Jean Claude Trichet, Former President of ECB, says he is happy with the central bank's decision to cut rates and kickstart a bond-buying program.
After a stunningly bad August jobs report, traders are hoping next week's employment and consumer-related data will prove the report was an anomaly.
The stronger dollar may have stolen the headlines this week, but a closer look shows that it's not in fact a broad dollar rally.
The ECB's proposed 500 billion euros in bond purchases over three years is unfeasible without completely distorting the market, even when ABS and covered bonds are included, says Gianluca Salford, European rates strategist at JP Morgan.