Fed move could cloud ECB's withdrawal from crisis mode

11/4/2010 | Bloomberg · Reuters

Economists said the Federal Reserve's decision to buy hundreds of billions of dollars in Treasurys will make it more difficult for the European Central Bank to withdraw its stimulus efforts. "It's complicating the ECB's exit, and council members really need to think hard about their strategy," said Julian Callow, Barclays Capital's chief European economist. "They may have to reconsider their plans." However, in a Reuters poll, economists said the ECB will continue on its path of exiting stimulus measures.

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Bloomberg · Reuters

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