US STOCKS-Wall St dips after IMF outlook cut; hope grows for ECB move
* IMF lowers growth outlook for 2015 and 2016
* Oil falls on concerns of lower demand ahead
* FXCM plummets, details loan agreement
* Indexes: Dow off 0.32 pct, S&P off 0.14 pct, Nasdaq up 0.15 pct (Updates to late afternoon trading, changes byline)
By Chuck Mikolajczak
NEW YORK, Jan 20 (Reuters) - U.S. stocks dipped on Tuesday after the International Monetary Fund reduced its growth forecasts for 2015 and 2016, but the outlook also boosted hopes central banks would take more aggressive policy moves to spark economic improvement.
The lower forecasts implied less demand for fuel through 2016, contributing to another fall in crude oil, which pressured energy names despite some bullish results from major companies in the sector. The S&P energy index lost 0.5 percent.
The IMF cut its forecasts for both years by 0.3 percentage points and advised advanced economies to maintain accommodative monetary policies to avoid increases in real interest rates as cheaper oil increases deflation risk.
"It looks like the Fed is super happy to pass that torch to the next central bank, and that would be the ECB as our contestant today," said Kim Forrest, senior equity research analyst, Fort Pitt Capital Group in Pittsburgh. Continuación...