Market tantrum convinces ECB to not even discuss tighter policy

FRANKFURT — The European Central Bank left its ultra easy monetary policy unchanged on Thursday and did not even discuss clawing back stimulus, suggesting it may delay an inevitable decision on tapering bond buys until the latest possible moment.

Maintaining a pledge to extend or even increase debt purchases if needed, ECB President Mario Draghi said the bank did not even go so far as to ask staff committees to prepare options for tweaking stimulus. Policymakers would revisit the topic...

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