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Deft ECB ducks taper tantrum II with ‘moderate reduction’ of Pepp

Christine Lagarde - Treffen der Bundeskanzlerin mit den Vorsitzenden internationaler Wirtschafts- und Finanzorganisationen, Bundeskanzleramt, 11. Maerz 2015, Berlin.

The ECB plans a reduction to its pandemic-era purchase programme, steering a tricky course that kept market participants happy

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