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ECB Forecasts Said to Show More Confidence in Economic Outlook

  • New projections to be unveiled after Thursday’s policy meeting
  • Some officials don’t see extra stimulus as warranted for now
A Eurosystem monetary authority sign stands outside the European Central Bank (ECB) headquarters in Frankfurt, Germany/
Photographer: Alex Kraus/Bloomberg
Updated on

Some European Central Bank policy makers have become more confident in their forecasts for the region’s economic recovery, potentially reducing the need for more monetary stimulus this year, according to euro-area officials familiar with the discussions.

The latest projections for output and inflation will show only slight changes to the June outlook, the people said, asking not to be named because the report will only be published after the Governing Council meets on Thursday.