Bloomberg The European Central Bank (ECB) may have the freedom to pursue the most extreme forms of monetary financing should the economic situation warrant, Deutsche Bank AG said. “The ECB at face value faces the strictest legal obstacle to monetary financing, not least due to the historical inflation traumas experienced by member states,” analysts including London-based George Saravelos said ...

  Bloomberg The Swiss National Bank (SNB) has room to cut interest rates further below zero and is willing to increase the size of its balance sheet through currency intervention to prevent an already “significantly overvalued” franc from strengthening, President Thomas Jordan said. “There’s a willingness to intervene if necessary, and we can use our balance sheet if it makes ...

  Bloomberg When the 95-storey Vista Tower is completed in 2020, it will be the third-tallest building in Chicago, and at its very top will be a 7,000-square-foot duplex penthouse, currently offered for $17.1 million. If it sells, the penthouse would just barely eke out an all-time record for Chicago’s most expensive residential real estate. (A penthouse on the 89th ...