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The ECB has split over the need for QE – the full-scale buying of government bonds to inject more cash into the economy – since the Bank of England, Bank of Japan and US Federal Reserve began the policy following the 2008 financial crisis.
They love scale: buy once, plaster everywhere.
The new figures increase the chance that the ECB will embark on a full scale programme of quantitative easing (QE), buying financial assets such as government debt with newly created money in an effort to push inflation up (yes really).
Intervention in the markets, by selling dollars and buying euros, is one of the few tools that has not been employed on a full scale.
And a full scale orchestra, obvs.
The full scale of the reshuffle has not been decided.
And the "full scale" one includes her legal background.
How do you get from this to full scale?
This will allow full scale international roaming.
(a) Full scale transient curves.
Russia responded with a full scale invasion.
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