ECB Keeps Stimulus on High Even as Economy Picks Up

Frankfurt, Germany (AP) -- The head of the European Central Bank has warned there is still little sign of an enduring pick-up in shop prices and workers' wages in the eurozone — a symptom of economic weakness that means the bank will leave its stimulus programs running nearly full blast at least until year-end.

The bank's 25-member governing council led by President Mario Draghi made no changes in its interest rates or bond-buying stimulus program at a meeting Thursday.