• European stocks close: stocks closed mixed on the Fed’s interest rate decision

Market news

19 March 2015

European stocks close: stocks closed mixed on the Fed’s interest rate decision

Stock indices closed mixed on the Fed's interest rate decision. The Fed kept its monetary policy unchanged on Wednesday, but dropped the word "patient" from its outlook for monetary policy. The central bank lowered its forecasts for growth and inflation.

The European Central Bank (ECB) said on Thursday that banks borrowed €97.8 billion in loans, the so-called TLTROs. This figure indicates that the recovery in the Eurozone is spurring lending.

The ECB said in its economic bulletin that the economic activity is expected to rise due to the recent improvements in business and consumer confidence, falling oil prices and a weaker euro.

Indexes on the close:

Name Price Change Change %

FTSE 100 6,962.32 +17.12 +0.25 %

DAX 11,899.4 -23.37 -0.20 %

CAC 40 5,037.18 +3.76 +0.07 %

Market Focus
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer
Open Demo Account & Personal Page
I understand and accept the Privacy Policy and agree to my name and contact details being used by TeleTrade to contact me about this.