Slow Global Growth Likely Keeps Fed on Hold, Spurs ECB Action
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SOURCE:
https://www.wsj.com/articles/ecb-fed-react-to-a-slowing-global-economy-11551990608?mod=hp_lead_pos1
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Summary
The European Central Bank made a U-turn with new plans to stimulate the eurozone?s faltering economy, while Federal Reserve officials signaled increasing reluctance to raise U.S. interest rates at all, as evidence mounts of a slowing global economy.
As said here by Nick Timiraos