Spread betting: how will the ECB’s new bond-buying tool work?

Policymakers hope new programme will give central bank cover to raise rates without triggering market turmoil,

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ECB president Christine Lagarde hopes a new bond-buying tool will stop higher interest rates from sparking a new eurozone debt meltdown.
ECB president Christine Lagarde hopes a new bond-buying tool will stop higher interest rates from sparking a new eurozone debt meltdown. (Foto: Frederick Florin/AFP)