EU halts debt-relief payments to Greece over pension bonus plan
The Eurogroup has decided to halt short-term debt-relief payments to Greece in light of Alexis Tsipras’ attempt to pay bonuses to pensioners. Ameera David has the details. Then, Bianca Facchinei takes a look at the latest trouble that Wells Fargo has gotten itself into, this time failing the Federal Reserve’s “living will” test. Afterwards, Lindsay France breaks down Monsanto shareholders’ approval of the proposed merger with Bayer.
Following the break, Money Strong LLC founder Danielle DiMartino Booth explains why the Fed’s decision to raise interest rates was long overdue, plus her thoughts on where they might be heading. And finally, in The Big Deal, Edward Harrison gives his take on which indicators and markets to watch post-Fed decision.
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