ECB Rates Not Only Thing on Hold in Vienna on Thursday: Chart

The European Central Bank is set to leave monetary policy on hold when it meets in Vienna on Thursday. That’s not the only thing that will remain steady: most economists expect the ECB to keep its 2016-2018 inflation forecasts unchanged from March. While that may suggest that ECB President Mario Draghi still has some work to do, it would mark the first time in a year that officials haven’t had to downgrade their outlook for consumer prices.