Fearing high inflation, ECB to stay on course to unwind stimulus
Published by
Reuters UK

By Balazs Koranyi and Francesco Canepa FRANKFURT (Reuters) -The European Central Bank may outline on Thursday a clearer schedule for unwinding its extraordinary stimulus, as worries over record-high inflation trump concerns about a war-related recession. The ECB has been reducing the pace of its money-printing programme for months but it has so far avoided committing to an end date for the scheme, worried that the war in Ukraine and sky-high energy prices could suddenly change the outlook. It is lagging far behind most nearly all other major central banks, many of which started raising interes…

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