Already pumping cash at a record pace, ECB holds off on big moves for now

FRANKFURT (Reuters) - The European Central Bank kept much of its remaining powder dry on Thursday, reaffirming its already vast bond purchase scheme but holding back on any big policy move as it is already hoovering up debt at a record pace. Just weeks after unveiling its biggest stimulus scheme to date, the ECB said it would buy 1.1 trillion euros of debt this year and kept the door open to even more as the euro zone economy is shrinking faster than already depressed expectations. The bank said..