Economists Suggest European Central Banks May Accelerate Bond Sales

European central banks could accelerate the process of shrinking their vast bond portfolios, according to officials and economists, who say this would reinforce their fight against inflation and make room to buy assets again in the next crisis.

Rate rises have been the main tool for central banks to tackle the recent surge in inflation and both the US Federal Reserve and European Central Bank are expected to lift rates again this week, while the Bank of England looks set to follow suit next month.

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