ECB revises growth and inflation forecasts

The European Central Bank sees
slightly higher growth and inflation in 2019 than previously,
but marginally cut its forecasts for the next two years on
Thursday, acknowledging the risk that Europe’s slowdown will be
longer and deeper than expected.
ECB President Mario Draghi told a news conference that risks
to the euro area economy remain tilted to the downside, citing
geopolitical uncertainty, the rising threat of protectionism and
vulnerabilities in emergin