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ECB Seen Slowing Pandemic Stimulus as Economic Recovery Advances

  • Reduction means emergency program may not be fully exhausted
  • Inflation forecast for 2021, 2022 expected to be increased
The European Central Bank's Headquarters Illuminated During Luminale Light Festival
Photographer: Martin Leissl/Bloomberg

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The European Central Bank will start slowing down its pandemic bond purchases in the fourth quarter and may not exhaust the whole 1.85 trillion-euro ($2.19 trillion) program before it ends next year, according to economists surveyed by Bloomberg.