The European Central Bank is widely expected to keep its policy rates steady on Thursday and signal little appetite for cuts in the near term as the euro zone economy holds its ground in the face of global trade shocks and inflation remains stable.
Recent growth figures for the 20-country currency bloc have beaten ECB expectations, buoyed by exporters navigating U.S. tariffs more effectively than anticipated and by German domestic spending that has counterbalanced a malaise in manufacturing.
Source : Reuters.com