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Time to TLTRO? Markets home in on details of ECB's potential new booster

Reuters  |  LONDON 

By Dhara RanasingheLONDON (Reuters) - Cheap bank loans, a form of stimulus first launched by the ECB during the global financial crisis, look set to make a comeback in coming months and investors anticipate shorter term loans with a variable rate to allow the central bank flexibility. It's just two months since the European Central Bank wrapped up its 2.6 trillion euro ($2.9 trillion) bond-buying scheme, but with euro zone growth at four-year lows and other global central banks already backtracking on policy tightening, bond market expectations of ECB action are on the rise.That's expected to ...

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First Published: Mon, February 11 2019. 12:22 IST