Eyes on Fed after ECB, other bank stimulus moves

The Federal Reserve could be the key for Wall Street as investors hear from the U.S central bank. It is the first time since a series of moves by global peers. This includes the European Central Banks stimulus plan. Thursday’ European Central Bank stimulus package from the European Central Bank lifted up U.S Stocks. This changed the trend of indexes posting gains after several weeks of losses. With all this increase stimulus from the European Central Bank, may make it tougher for the Fed to move ahead and increase it’s interest rates.

Comments are closed here.