ECB plans measures to cushion impact of ending emergency bond buying

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The European Central Bank (ECB) is speeding up work on new anti-crisis measures amid uncertainty on the global financial markets, the bank’s governing council announced after a special meeting on Wednesday. The meeting, called at short notice, came against the backdrop of potential interest rate rises, high global inflation and global stock market declines. The bank said on Wednesday that it wanted to make sure that the planned end to its ultra-loose monetary policy in the coming months wouldn’t affect the most indebted EU states. At its most recent regular meeting, last week, the ECB’s govern…

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