Bank of Japan Implements Aggressive Bond Buying Policy; Stock Futures Rise
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- Wall Street posts weekly gains with earnings, inflation data on tap
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- One dead in new attack on Saudi airport, a day after Houthi strike kills 13
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- Strong Panama quake shakes nation, but avoids major destruction
Amid Cyprus Weighing on Confidence, ECB Maintains Key Rate at 0.75%
April 4, 2013 8:20 AM EDTThe European Central Bank (ECB) is maintaining its key benchmark interest rate at 0.75 percent, meeting economist expectations. The rate has been at 0.75 percent since last July, despite recent data indicating continued consolidation and inflation in the bloc.
The WSJ notes commentary from BNP Paribas Thursday morning:... More
BoE Maintains Easing Measures, Benchmark Rate Amid Expanded Authority
April 4, 2013 7:26 AM EDTThe Bank of England is maintaining its quantitative easing process today at £375 billion, which was largely anticipated by economists, Bloomberg noted.
The Bank's nine-member Monetary Policy Committee (MPC) also kept its benchmark interest rate at 0.5 percent, a level its been at since March 2009.
MPC... More



