ECB expected to revise up 2017 growth forecast; lower future inflation

Forecasts will be released at the press conference

According to a leak yesterday, the 2017 will be boosted and the inflation outlook for 2018 and 2019 will be lowered slightly.

The prior projections were for 1.9% growth this year. Inflation in 2018 is projected at 1.3% and 1.6% in 2019.

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