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ECB gets ready to pull the plug on stimulus scheme

Reuters  |  FRANKFURT 

By Balazs Koranyi and Francesco CanepaFRANKFURT (Reuters) - The European Central Bank will debate on Thursday whether to end its huge asset purchases by year-end, in what would be its biggest step towards dismantling crisis-era stimulus credited with pulling the euro zone economy out of recession.Financial investors are coming to terms with the end of a decade of easy money from the world's top central banks, with the Federal Reserve on Wednesday raising interest rates for a seventh time in 3-1/2 years in a further shift from policies used to battle the 2007-2009 financial crisis and ...

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First Published: Thu, June 14 2018. 12:27 IST
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