Traders say that the vix illustrates the central bank as backstopping the markets so that means theres less demand for downside protection. Speaking of Central Banks, we have two key decisions to watch today. The bank of england is expected to withhold fresh monetary stimulus as the start of the new year gets under way. Forecasters say that the Economic Data is still too mixed to try and trump inflation worries. The ecb also expected to stay steady, holding its key rate at. 75 . Policymakers are seeing refraining as the eurozone economy shows signs of stabilizing. We are going to bring you both decisions as soon as they are announced. And the ecb reports comes out 45 minutes later. First, breaking news out of washington. Today, president obama is going to be announcing his plans to nominate jacob lew as the next treasury secretary. The president will be making that announcement at 1 30 eastern time in an event in the east room of the white house. John harwood joins us now with more on
/PRNewswire/ Natural Grocers®, the nation s largest family-operated natural and organic grocery retailer, reaches another milestone in its commitment to its.