Euro Trades at Nine-Year Low vs. the U.S. Dollar

The transcript covers various global economic and political topics. It begins with speculation about the European Central Bank's potential quantitative easing to address deflation risks, followed by expected Eurozone inflation data. It then shifts to EU immigration policies, highlighting a meeting between Angela Merkel and David Cameron. The search for the Air Asia jetliner's black box in the Java Sea is discussed, along with the Bank of England's release of 2008 financial crisis meeting minutes. Finally, it addresses the US oil market's low prices due to inventory speculation.

What challenges did the Bank of England face during the 2008 financial crisis according to the released documents?

What factors are contributing to the decline in oil prices in the US?