Pumping cash at record pace, ECB is under pressure to act again
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FRANKFURT (Reuters) - Just weeks after unveiling a massive stimulus scheme in a late-night shock-and-awe move, the European Central Bank is under pressure to deploy even more firepower on Thursday to prop up an economy that could shrink by a tenth this year.Printing cash at a record pace to soak up ballooning state debt during the coronavirus pandemic, the ECB is on its way to exhausting its bond purchase quota early. This has raised doubts about its commitment to help the euro zone through the..