TAKING STOCK AFTER FED GLOW AND JAPAN/CHINA HOLD
A look at the day ahead in U.S. and global markets from Mike Dolan. After a roaring Thursday that saw Wall Street stocks lap up deep Federal Reserve easing into a still-healthy economy, there's a modest step back today and an eye on other central banks choosing to stand pat for now.
Going in different directions to each other policy-wise, central banks in Japan and China choose to hold the line on their interest rates on Friday - the latter slightly surprisingly given the alarming deceleration of its economy.
Comments