ECB to hold fire as euro zone economy shows glimmers of hope

FRANKFURT (Reuters) – The European Central Bank is expected to keep interest rates at a record low of 0.75 percent on Thursday, refraining from a cut as the euro zone economy shows some signs of stabilising and inflation still tops its target. The 17-country euro zone is in recession, but recent data points to some stabilisation, and ECB President Mario Draghi could strike a slightly more positive tone in the news conference that follows the rate decision. "Rates are definitely on hold. … Full Story ECB to hold fire as euro zone economy shows glimmers of hope

Full Story ECB to hold fire as euro zone economy shows glimmers of hope

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