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ECB leaves door open to more stimulus, points to December meeting
The European Central Bank left ultra-loose monetary policy unchanged on Thursday but kept the door open to more stimulus in December, firmly shooting down any talk of tapering its 1.7 trillion euro asset-buying program. Offering few clues to the euro zone central bank's next move, ECB President Mario Draghi left a wide range of options on the table and emphasized that a long-awaited rise in inflation is predicated on "very substantial" monetary accommodation. Struggling to stave off deflation, the ECB has provided unprecedented stimulus for years. It has cut rates into negative territory, buys 80 billion euros ... (full story)