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Beast two percent target rate while economic growth in the eurozone continues to be solid an ongoing dilemma the central bank has to deal with was a buying program was started to fight the threat of deflation effect we definitely don't have a risk of deflation it but we also don't have inflation that's what makes it so hard for dragging on the e.c.b. . another challenge the e.c.b. president still feels that european leaders have to do more to reform their economies to bolster long term growth and stability the implementation of structural reforms you know you are can trees needs to be substant...

Well. we were talking about china in terms of what they were doing. a lot of speculation sometimes that the chinese may be, quote, cooking their books. to say it very straightforward. how much confidence do you have in terms of the chinese economy what they are doing with their numbers, in terms of decisions they are making? are they simply reacting? are they falling behind and i think you said they demonstrates a certain degree of confidence in handling the situation. >> since beginning of july chinese leaders have directed a buying program in the last half hour of the afternoon sessions. and...

The buying program. you learned this week they are holding off on that so you can probably kpp the mortgage rates to come down a little more in the coming week or two. finally, we have a better look at how airlines are making a praft. a survey of six north american airlines find 58% of all on board revenue is from booze, baby. selling beverages. 38% comes from food sales and 4% from everything else like head phones and movies. that's no surprise. the biggest revenue are the ones to vegas. shocker. twitter, binge viewing. it's not new but it's more popular than ever. 88% of netflix users an...

The balance in your retirement account. stocks are falling in the final hour of the trading day on wall street. we want to get now to rana down on wall street as well as our felicia taylor. again, surrounded by people who can help me out here. rana, to you, what is going on here? >> well, it's a good question. i think you have to go back to the announcement yesterday from the fed that quantitative easing, that asset buying program where we've been seeing the fed pour $85 billion a month into the market is going to be tapered. it's going to be scaled back at some point next year. at some point ...

A couple of months ago there were big fears that the u.s. were sliding into recession. the data has been better since then. so we've moved away. but i think it's key that if the economy started to deteriorate again next year, then there is still the option potentially for the fed to enact another buying program of mortgage-backed securities so that's not off the table. >> we want to talk about the g-20, too, that's where the action is, president obama has landed in the south of france, ross. we understand the emergency cabinet meeting in greece today, "the wall street journal" reporting this m...