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ECB eyes baby step towards stimulus exit

Reuters  |  FRANKFURT 

By Balazs Koranyi and Francesco CanepaFRANKFURT (Reuters) - The European Central Bank is all but certain to keep policy unchanged on Thursday but may tweak its communication stance to offer at least a few clues about its progress towards ending its unprecedented bond purchases later this year. Having revived euro zone growth with lavish stimulus, the ECB is now debating whether to step back and preserve its remaining firepower. But concerns over low inflation, a strong euro, rising political risk and recent market volatility are expected to prevail for now."This ugly knot of risks could ...

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First Published: Thu, March 08 2018. 14:13 IST