Declining Odds Of Central Bank Stimulus Hits Markets

Today's moderate output and job growth could be as good as it gets, based on new signals that central banks may not do more to stimulate the economy. On Wednesday, the European Central Bank left interest rates at 1%, with no indication they will go lower. The bank also reiterated it will wait and see how the 1 trillion euros of liquidity it poured into Europe's banks will trickle through. Meantime, euro zone economies are in recession
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