ECB Outlook Is Said to See Solid Growth Similar to December View
- Updated economic projections will be unveiled on Thursday
- Governing Council is meeting in Frankfurt to set policy
Peter Hooper Says ECB Will Be Cautious Because of Trade Policy Uncertainty
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The European Central Bank’s new forecasts will show growth and inflation similar to the picture of solid economic momentum seen three months ago, according to euro-area officials familiar with the matter.
The prediction for 2018’s expansion has been raised by 0.2 percentage point, the people said, asking not to be identified because the information is confidential. They said the adjustments to the projections are largely due to rounding and also result in a slightly more pessimistic view of inflation next year.