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ECB hawks rally against Draghi's farewell stimulus

Group of 20 (G-20) high-level seminar on financial innovation
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AMSTERDAM (Reuters) - Conservative policymakers slammed the European Central Bank's lavish stimulus measures on Friday, voicing doubts about the need and effectiveness of a package that could consume most of the bank's remaining firepower. Facing a protracted growth slowdown, the ECB cut rates deeper into negative territory on Thursday and relaunched fresh bond purchases with no scheduled..
Date Published: Sep 13, 2019
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