Breaking News This Morning ...
Earnings: Regions Wall Street Journal
The Journal notes the divergent paths down which the U.S. and European central banks appear to be heading. The Federal Reserve, on the one hand, still appears ready to raise short-term rates, sometime, perhaps, around the middle of this year. The European Central Bank, on the other hand, looks set to engage in a round of quantitative easing, in which it will purchase hundreds of billions of euros...
[more]