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Guard against real-world inflation

Official data appear to understate rises in real-world costs.

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The European Central Bank is expected to focus on slowing its bond-buying programme while keeping policy rates unchanged.

SINCE the depths of the global financial crisis, central banks have supported financial markets and the economies that they serve through expansionary monetary policies, increasing their balance sheets to previously unheard-of sizes. Strong growth in corporate profits and diminishing fears of

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