European Central Bank Slows Bond Buying Amid White-Hot Inflation
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The European Union's central bank said Thursday that it's slowing down the bond-buying program launched to keep the economy afloat during the Covid-19 pandemic.
Now, the bank has a delicate balancing act on its hands between inflation, which is climbing faster than expected, and economic recovery, which indicators suggest is slowing down. And other central banks will be paying close attention to the ECB's handling of the situation.
Source Fool.com