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Bank of Singapore: ECB tapering will happen but timeline unclear

The European Central Bank (ECB) is expected to taper its asset purchasing programme from the current €80 billion per month, but it remains to be seen whether these cuts will begin in April 2017 or sometime later, according to Bank of Singapore. Positioned for tapering “The [ECB] must be a lot less worried than it was earlier in 2016 when it…

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