- The European Central Bank's fresh stimulus measures are an adjustment to a new economic reality of slower but still robust economic growth, ECB board member Benoit Coeure was quoted
- With growth slowing and business confidence fading, the ECB announced new stimulus measures last week to prop up a still- fragile economy, promising to put off raising interest rates and to give banks access to more multi-year loans from the central bank.
- A gauge of world equity markets rose and the dollar eased on Tuesday after a tame reading on U.S. inflation reinforced expectations the Federal Reserve will not raise interest rates anytime soon.
- Global Markets: Tame U.S. inflation data helps stocks, hurts dollar