Economics
ECB Faces Exit Turbulence as Outlook Worsens: Decision Day Guide
- Risks to euro-zone economy keep growing after stellar 2017
- Draghi to hold press conference at 2:30 p.m. in Frankfurt
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Mario Draghi might reflect on the difference a year can make as he and his European Central Bank colleagues meet to discuss a litany of risks facing the euro-zone economy.
Twelve months ago, the ECB president was able to cite “unabated growth momentum” after the Governing Council took a large step toward reining in stimulus by cutting monthly bond-buying in half. Policy makers gathering in Frankfurt on Thursday will discuss an economic expansion that’s losing its luster in the face of concerns including Italy’s budget standoff, U.S. protectionism, Brexit and tumbling markets.