The European Central Bank Will Fail & It Will Affect The US. The ECB To Crash The Economy With Their Threats Of Huge Interest Rate Hikes? Reuters confirms the Bloomberg report that ECB policymakers "see policy change at March meeting if inflation doesn't ease", adding that that a "sizable minority" of ECB policymakers wanted to change policy at today's meeting, and also notes that ECB policymakers see faster tapering of APP purchases as "first port of call to fight high inflation."