The Market Oracle
The ECB may well be ready and willing to launch the monetary equivalent of a bazooka at the euro zone debt problem, but history suggests the bank will be seriously challenged before this crisis is over. To date there has been no serious challenge.
US money funds return to euro zone as rates edge up
Reuters
LONDON (Reuters) - U.S. money market funds are slowly returning to the euro zone, lured by a gradual rise in interest rates as the lenders grow more confident the bloc can contain its debt crisis. For now, funds remain selective with the banks they ...
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