Economics

ECB Charts Lone Crisis Stimulus in Choppy Wake of Shifting Fed

  • U.S. exit from crisis measures could complicate ECB’s job
  • Weaker euro, higher rates would work in opposite directions

The European Central Bank (ECB) headquarters in Frankfurt, Germany.

Photographer: Alex Kraus/Bloomberg
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European Central Bank officials are gearing up for a new phase of crisis response where their ultra-loose monetary stimulus becomes an increasingly lonely effort while the rest of the world moves on.