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How the ECB Interest Rate Cut Will Affect U.S. Stocks
Another ECB interest rate cut is coming after European Central Bank President Mario Draghi unveiled his most daring stimulus package yet today (Thursday).
Part of this package is another ECB interest rate cut that will affect U.S. stocks. The cut will hurt some U.S. companies and help others.
But before we get to that, let's look at what Draghi's stimulus package entails....
Another ECB interest rate cut is coming after European Central Bank President Mario Draghi unveiled his most daring stimulus package yet today (Thursday).
Part of this package is another ECB interest rate cut that will affect U.S. stocks. The cut will hurt some U.S. companies and help others.
But before we get to that, let's look at what Draghi's stimulus package entails....