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ECB's week of mixed signals shows stimulus path still uncertain

Published Wed, Apr 12, 2017 · 09:50 PM

Frankfurt

THE European Central Bank's (ECB) top officials are still feeling their way towards the exit.

At the end of a week in which Executive Board member Peter Praet, the institution's chief economist, railed against the idea that interest rates might be raised before the end of bond purchases, his colleague Benoit Coeure, in charge of market operations, said that the discussion is "not a taboo".

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