7 Jun 2014 10:33 AM EST
The European Central Bank has deployed a raft of aggressive measures to boost Europe's economy, but stopped short of the one many economists insist would do the most to help: large-scale purchases of bonds. That could change sooner rather than later, analysts say, if inflation remains low. Purchases of bonds using newly created money — called quantitative easing — have been used with some success so far by the U.S. Federal Reserve, the Bank of England and the Bank of Japan.
Posted by Samantha Wilson
-by Samantha Wilson, Assistant Editor; Image: Signal problems (Image Source: MTA) This Monday morning, there are staggering delays on the LIRR and a bridge lift on the Marine Parkway. Let’s...
-by Samantha Wilson, Assistant Editor; Image: Wet weather (Image Source: The Weather Channel) Currently, the temperature is 39 degrees but feels like 35 degrees. Skies are cloudy this morning...