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ECB pump unlikely to move US

Stronger dollar undercuts competitiveness of US goods, but American tourists will benefit
Saturday, January 24, 2015 - 05:50
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For US investors and tourists especially, the long-awaited move by the European Central Bank on Thursday to help stimulate growth on the Continent is welcome news. For the rest of the US economy, it will not matter so much.

New York

FOR US investors and tourists especially, the long-awaited move by the European Central Bank on Thursday to help stimulate growth on the Continent is welcome news. For the rest of the US economy, it will not matter so much.

Even if the ECB's effort is ultimately successful