ECB hawks rally against Draghi's farewell stimulus
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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 end-date, a move that divided the normally collegial Governing Council.Although no vote was taken, sources..