ECB seen holding course at meeting this week

ECB meeting: A file picture showing an illuminated euro currency symbol projected on to the ECB headquarters in Frankfurt recently. Draghi and the decision-making governing council are expected to convene this Thursday for their regular policy meeting. – Bloomberg

FRANKFURT: The European Central Bank, comforted by better-than-expected data since Britain’s vote to quit the EU, will keep drastic monetary policy changes in reserve at a meeting this week, analysts predicted.

President Mario Draghi and the decision-making governing council convene in Frankfurt this Thursday for their regular policy meeting, the second after the June 23 Brexit vote.