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Future of ECB Stimulus Becomes Clearer Before December Meeting

  • Officials urge policy caution on inflation, virus uncertainty
  • Recent remarks hint at retaining option to restart PEPP
ECB Views ahead of Rate Decision
Photographer: Alex Kraus/Bloomberg

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The future of European Central Bank stimulus is becoming clearer before December’s crunch meeting, with its pandemic bond-buying tool on track to be wound down as planned but stay available for reactivation if needed.