You have no idea of the mental state of the Europeans. You have the right, we have the duty to be totally ignorant it seems

It's my right as an American to be completely ignorant of the rest of the world.

Undisciplined

You know that the ECB is buying treasuries more or less along the yield curve to push down us yields to avoid capital flight and to maintain eu rates low?

TomK

bitcoin

The Fed Holds the Fed Funds Rate Steady—Because it Doesn't Know What Else To Do

I agree that it's probably more about waiting for Europe to break first, than hoping the domestic situation improves. A collapsing Euro strengthens the dollar and offsets inflation without needing to raise rates. It's still a bandaid, though, and they have no real exit strategy.