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
CNBC's Michelle Caruso-Cabrera reports on Mario Draghi's announcement on interest rates and economic policy.
ECB President, Mario Draghi, says that in addition to cutting interest rates, the central bank will also start to purchase asset-backed securities to facilitate credit flows to the economy.
CNBC's Steve Liesman shares his thoughts on the European Central Bank's decision on interest rates.
Komal Sri-Kumar, Sri-Kumar Global Strategies president, says he doesn't expect to see the Fed raise interest rates until 2016. But Darrell Cronk, Wells Fargo Private Bank, disagrees and expects rate to begin climbing up next year.
Darrell Cronk, Wells Fargo Private Bank, and Komal Sri-Kumar, Sri-Kumar Global Strategies president, provide perspective on the European Central Bank's monthly policy meeting. I don't think Mario Draghi will announce anything significant, says Sri-Kumar.
CNBC's Seema Mody provides a quick read on the European markets ahead of the European Central Bank's interest rate decision.
Volker Wieland, member of the German Council of Economic Experts, says the ECB should wait and see how the TLTROs unfold before announcing other measures.
Valentin Marinov, director of foreign exchange strategy at Citi, discusses what an ECB quantitative easing program would look like.
The ECB will be successful in fighting deflation says Roland Boekhout, CEO of ING-Diba, arguing that the central bank has outperformed everybody's expectations over the past couple of years.
Aymeric Forest, multi-asset fund manager at Schroders, expects the ECB to announce a QE program either on Thursday or in October to boost credit growth in the euro zone.
Alan Capper, head of credit strategy at Lloyds Bank Commercial Banking, says that Mario Draghi should reach out to the real economy and appear in mass media to boost consumers' confidence
Georg Fahrenschon, president at the German Savings Banks Association explains that he is opposed to the ECB buying sovereign bonds as there is "enough liquidity in the market".
If the central bank doesn't offer more easing in the near term, the euro may pop higher, says Hamish Pepper, Forex Strategist, Asia Pacific at Barclays.
Willem Nabarro, Head of European Equities for Asia at Exane-BNP Paribas, expects the central bank to take action on Thursday, which could lower the euro to 1.25 by year-end.
It is getting harder to find free parking for large sums of euros and investors are making desperate moves in their search for safety, NYT reports.
Adrian Mowat of JPMorgan, shares his concerns over China's growth and reveals his best emerging market plays right now.
David Herro of Oakmark International Fund, thinks all the talk from the ECB will soon end, and Mario Draghi will finally start to get liquidity back into the system.
The FMHR traders dissect the global trade.
What explains the recent commodity crush? "The dollar is the dog, and every other market is just the tail," one trader explains.
The previous actions of the ECB are of "enormous importance" says Angel Gurria, secretary general of the OECD, but structural policies are needed to kick-start employment.,