HomeFinanceEurope Stocks Tumble Again as Fed Action Fails to Impress

Europe Stocks Tumble Again as Fed Action Fails to Impress


Mar.16 — European stocks sank along with Asian shares, while futures on the S&P 500 Index hit trading limits, as investors responded to a rapidly escalating economic hit from the coronavirus and a massive emergency move by the Federal Reserve to ease policy. Jane Foley, head of FX strategy at Rabobank, explains why “it’s what the Fed didn’t do” that has disappointed markets. She speaks on “Bloomberg Surveillance.”

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