Central banks in China, the euro zone, the U.K. and other countries took new steps to bolster growth amid mounting worries about the global economy, but the moves didn’t appear to reassure investors.
The actions on Thursday turned the spotlight to the Federal Reserve, which has signaled it could launch new measures if U.S. economic growth flags. A U.S. jobs report due Friday could indicate whether the employment picture has sagged enough to persuade Fed officials to begin a new round of bond buying known as quantitative easing. Fed officials next meet July 31 and Aug. 1.
Complement Handelblatt, Morgen Briefing von Garbor Steingart:
Ganz anders (mein: als die Europären) spricht US-Starökonom Nouriel Roubini, den mein New Yorker Kollege Thomas Jahn interviewt hat: “Noch drei bis sechs Monate: Dann verlieren Italien und Spanien den Zugang zu den Kapitalmärkten.”