Financial Times FT.com

European markets welcome US policy action

By Miles Johnson

Published: March 20 2009 11:25 | Last updated: March 20 2009 20:26

European shares continued to rebound off their recent lows this week as investors welcomed aggressive policy action from the US.

Wednesday’s Federal Reserve decision to begin purchasing large swathes of government and corporate debt helped reinvigorate Europe’s bourses just as the previous week’s rally showed signs of flagging.

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