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As euro zone grows, three ECB rate setters mull stimulus cut


By Francesco Canepa and Hans SeidenstueckerLJUBLJANA/FRANKFURT (Reuters) - With the euro zone's economy finally growing, the time for the European Central Bank to reduce its monetary stimulus may be nearing, speeches by three ECB policymakers suggested on Thursday.After buying more than 2 trillion euros ($2.38 trillion)worth of bonds since 2015, the ECB is expected to announce next month it will slow the pace of its purchases, since economic growth is accelerating and inflation is stable, albeit sluggish.One of the most vocal critic of the bond buys, Bundesbank head Jens Weidmann, said the ...

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First Published: Thu, September 14 2017. 22:09 IST