Protectionism and the threat of a global trade war are the biggest risks to the euro zone economy but growth for now remains firmly on the path seen earlier, European Central Bank policymakers concluded last month.
In a meeting with few if any disagreements, rate setters shared the view that the bloc was performing as expected so no tweak to policy was needed, the minutes of the July 26 meeting showed on Thursday.
The ECB agreed in June to end lavish bond buys by the close of the year and to keep rates steady at least through next summer, giving markets unusually long notice for its likely policy moves.
via Reuters
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Alfonso Esparza