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Central Bank Volatility: Solid U.S. Jobs - February 8, 2015

Central Bank Volatility: Solid U.S. Jobs - February 8, 2015

5 Years ago | February 08, 2015 00:00:00



The ECB Does it Again
Debt renegotiation talks in Greece continue, and Germany via the ECB has been playing hardball with the new leftist government in Greece. The Syriza Party appears to be learning the difference between what you promise in a political campaign and what flies in the real world. Late on Wednesday, the ECB informed the new government that because of its poor credit quality that the European central Bank would no longer accept its debt for bank repo operations. Up until then, the ECB had been giving commercial banks a waiver on the debt quality issue. Commercial banks all over he wor

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