March 2015 Flash Report

As the first quarter ended, investors digested a wide range of data associated with diverging central bank policies. The ECB unveiled details of its quantitative easing program intended to jump start growth and inflation. The prospect of stimulus provided a temporary gain for European stocks and sent the Euro plunging to new lows. The Fed dropped the word patient from its latest policy statement indicating rates would rise gradually. It remains focused on wage growth and core inflation as key indicators for an eventual rate hike. US consumer confidence ticked up to 101.3 (from 98.8 in February) as unemployment fell to 5.5%. Global growth remained subdued.

Download the flash report (PDF) here »

Skip to toolbar