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ECB May Still Decide on End of QE Despite Ukraine, Makhlouf Says

  • Irish central-bank chief says bond-buying may stop in 2Q or 3Q
  • ECB needs more ‘optionality’ on rate hikes amid uncertainty
Gabriel Makhlouf,

Gabriel Makhlouf,

Photographer: Vivek Prakash/Bloomberg
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The crisis over Ukraine probably won’t keep the European Central Bank from agreeing on a faster wind-down of asset purchases at its next policy meeting, though the prospects for an interest-rate hike are less clear, Governing Council member Gabriel Makhlouf said.