ECB dials back pandemic stimulus as inflation looms
FRANKFURT: The European Central Bank (ECB) said on Thursday it will end its €1.85 trillion ($2.1 trillion) pandemic-era bond purchasing programme (PEPP) in March but ramp up a pre-crisis asset buying scheme to soften the transition and bolster the Eurozone economy. The ECB will wind down the pace of PEPP purchases in the first quarter … Read more