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ECB Policymakers Agreed On Need For Ample Stimulus, Open-ended Rate Guidance

Policymakers at the European Central Bank widely agreed that there was a need for retaining ample monetary policy stimulus to support inflation in the euro area, minutes of the bank's June 13-14 Governing Council meeting showed Thursday.

ECB rate-setters also stressed that the forward guidance on interest rates should remain "open-ended".

On June 14, the central bank decided to halve its monthly asset purchases to EUR 15 billion after September and to eventually stop them at the end of the year.

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by RTTNews Staff Writer

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