ECB lowers growth forecasts via ForexLive

ECB cuts forecasts and says risks remain on the downside: - 2015 seen at 1.4% vs 1.5% exp - 2016 seen at 1.7% vs 1.9% exp - 2017 seen at 1.8% vs 2.0% exp Says inflation will remain 'very low' in the near term but will rise towards the end of the year.

posted via ForexLive