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A major test for markets as age of easy money nears its end

Policymakers believe their economies are now strong enough to thrive with less stimulus, though move could upset investors

On Oct 26, the ECB announced that its bond buying will continue through September 2018, albeit at 30 billion euros a month starting in January, or half the current pace.


AFTER a decade of flooding economies with money, key central banks next year will finally start turning off the tap.

Since the financial crisis, they've kept interest rates near zero and some have bought trillions of dollars in government and...

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