Economics

Euro Area's Growth Picture Shows Why ECB Unfazed by Slowdown

  • Underlying momentum is still above long-term potential growth
  • Governing Council starts two-day policy meeting on Wednesday

Mizuho's Jones Sees 'Dovish' Message From ECB's Draghi

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European Central Bank policy makers are starting their two-day meeting in Frankfurt on Wednesday relatively relaxed about what appears to be a sharp euro-area slowdown.

A close read of the numbers suggests they’re right.