ECB gathers on Thursday as Russian invasion of Ukraine triggers a crisis meeting

According to Reuters, European Central Bank policymakers are gathering in Paris at lunchtime on Thursday for an "informal get-together", which seems to be a crisis meeting after Russia’s of Ukraine ramps up economic growth risks amid soaring inflation.

Key takeaways

This was aimed at preparing a decision on March 10 on the likely end of the ECB's bond-buying stimulus programme and pave the way for the first-rate hike in more than a decade to tackle surprisingly high inflation.

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