Italian translation: è sceso sotto la soglia dei 3000 punti
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English to Italian translations [PRO] Bus/Financial - Finance (general) / panoramica dei mercati
English term or phrase:through the 3000 points floor
In January, the stock market has been unsteady (in France, the main CAC40 index has been through the 3000 points floor). However, volatility stabilized this month as measured by the VIX figures (index of equity market's volatility). The European Central Bank cut its target rate by 50 basis points to reach 2%, its lowest level since the creation of the Euro. On the other hand, in the US, the Fed implemented the TALF (Term ABS Liquidity Facility) to reinstore liquidity in the credit market and to pursue its quantitative easing policy.