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Draghi calls for caution as flagship stimulus heads to exit

The ECB plans to dial down bond buying from January, marking a new phase after the eurozone was bailed out

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Mr Draghi says the eurozone still needs "ample" stimulus, adding that the decision to keep purchases effectively open-ended was taken by a large majority at the Governing Council meeting.

Frankfurt

MARIO Draghi warned that the European Central Bank (ECB) will remain cautious even as he puts his signature stimulus measure on the road towards an exit.

The ECB plans to dial down bond buying from January, six years into the president's term, marking a new phase after a...

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