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ECB speeds up exit from bond purchases amid raging inflation

The ECB aims to secure “as much optionality as possible” in light of the “huge uncertainty” faced by the eurozone, ECB President Christine Lagarde said.

FRANKFURT — The European Central Bank announced Thursday it’s accelerating its exit from bond purchases as the economic after-shocks of the Ukraine war make raging inflation even worse.

  • Johanna Treeck
  • Politico

At the same time, the war’s impact on growth should remain contained, new ECB forecasts suggest.

The central bank’s decision aims to secure “as much optionality as possible” in light of the “huge uncertainty” faced by the eurozone, ECB President Christine Lagarde insisted at a press conference following the…

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