European Central Bank


European leaders must still make drastic changes

Dec 1, 2011
The global stock market rally that sent the Dow up almost 500 points yesterday may be over, but France and Spain are offering some hope this morning that yesterday's coordinated action by central banks to ease credit is working.
Posted In: European Central Bank, Europe debt crisis

ECB actions similar to the Fed's in 2008

Dec 1, 2011
There is an ongoing effort to get the euro back to normal, and the crisis is looking more and more like the sub-prime mortgage crisis here in the U.S.
Posted In: European Central Bank, Europe debt crisis, subprime

PODCAST: Super Mario II

Dec 1, 2011
Markets are finally smiling again following the news yesterday that coordinated action will be taken by the world's central banks to ease credit and increase liquidity. In Illinois, state lawmakers have rejected a bill that would have offered millions of dollars in tax breaks to keep the Chicago Mercantile Exchange from leaving the state. And some economists say long-term benefits help the unemployed avoid reality.
Posted In: European Central Bank

Central banks announce joint plan to avoid credit crunch

Nov 30, 2011
To increase liquidity, the European Central Bank and the Federal Reserve are teaming up.
Posted In: Europe debt crisis, European Central Bank, Federal Reserve, credit crunch

The Fed, ECB team up to give banks more access to cash

Nov 30, 2011
Central banks from around the world have reached a deal that they hope will increase liquidity and avoid global recession.
Posted In: Federal Reserve, European Central Bank, credit crunch

PODCAST: Central banks join forces

Nov 30, 2011
The European debt crisis spreads to American banks. The National Labor Relations Board could speed up the process for elections. In light of recent scandals, universities are taking a closer look at candidates before hiring them on. And the end of Napster has finally come.
Posted In: European Central Bank, Federal Reserve, credit crunch

Central banks step in to help Europe with debt crisis

Nov 30, 2011
The planned liquidity injection might not solve all the problems in Europe, but it shows that central banks are getting serious.
Posted In: liquidity, banking, European Central Bank

Throwing money at the problem

Nov 30, 2011
Six central banks, led by the U.S. Federal Reserve, have announced a plan to inject dollars into the life support system keeping European banks alive. The move was meant to restore confidence in the global financial system.
Posted In: European Central Bank, Federal Reserve, Europe debt crisis

Central banks unite to help Europe

Nov 30, 2011
The Federal Reserve and other major central banks take coordinated action to provide cheap dollars to European banks that face funding problems
Posted In: European Central Bank, Federal Reserve

Euro leaders could up pressure on Germany

Nov 24, 2011
After yesterday's disastrous bond sale in Germany, leaders meet today in Europe to continue talks on extending the power of the European Central Bank.
Posted In: Germany, eurobond, Angela Merkel, European Central Bank