Interest rates in Japan and Europe are now less than zero. That’s not a disaster—but it could lead to one.
April 15: Prepare yourself for monetary policy meetings in Canada and Europe, and the European Commission gets tough on Google
March 18: The U.S. interest rate announcement is today, as oil slips south of $43 and protestors flock to the ECB
March 9: A flurry of hype before Apple’s timely announcement. Plus, Greece, a Loblaw expansion, and the life and times of a Pigeon King
Jan. 25: The first weekend playbook, and the big question this week: now that the eurozone has committed to quantitative easing, will it work?
Jan. 22: A Bank of Canada rate-cut, plus, a massive quantitative easing program for the eurozone
Financial and economic news for December 4
FRANKFURT – Below is the full text of the statement that European Central Bank President Mario Draghi delivered at his press conference on Thursday.
The Bank of England is floating the idea of a negative interest rate
An ECB-created iPhone app lets users try their hand at managing the money supply
As they watch the debt crisis unfold, hardline Euroskeptics in Britain have never seemed so smug