E.C.B. Keeps Rates Steady as Inflation Shows Signs of Rising
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Mario Draghi, left, the president of the European Central Bank, at a news conference Thursday. He predicted the eurozone would grow 1.6 percent this year. CreditLeonhard Foeger/Reuters
FRANKFURT — The European Central Bank made no changes on Thursday in its program to revive the eurozone economy, as it expressed slightly more optimism about the prospects for growth in the region.
The lack of any significant policy moves was expected. Growth in the 19-member eurozone is neither so terrible that it requires a new burst of stimulus from the bank nor so torrid that there is a need to apply the brakes, analysts say. The European Central Bank’s Governing Council is now expected to pause for a while, after several years in which it pushed the boundaries of monetary policy…
E.C.B. Keeps Rates Steady as Inflation Shows Signs of Rising
