John Taylor, FX Concepts, discusses how a pullback in the Fed's asset buying program will likely impact the U.S. dollar. Andy Serwer, Fortune and CNBC's Steve Lieman, weigh in.
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German President Christian Wulff questioned the legality of the European Central Bank's bond-buying program on Wednesday, highlighting the strength of opposition in Germany to the controversial plan.
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The past week's market drops and swings are dizzying. Everyday people are commenting that it is scarier than 2008. Now, that probably isn't true because no one is anticipating the inability to take money out of ATMs or the commercial paper market shutting down. Yet, there is something unnerving...
What neither institution has yet done is clearly explain to the financial community what it will do if there is no debt ceiling deal by August 2, or US Treasury bonds are downgraded, Gillian Tett write in the FT.
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