ECB Ready To Act, But How Much Will It Help?
Investors and analysts are nearly certain: The European Central Bank will take action at its next meeting to boost the tepid recovery. What’s not at all certain is how much good that can do. Any help is needed. The weak recovery in the 18 countries that use the euro is a source of risk and uncertainty for the rebounding U.S and global economy. The eurozone economy grew only 0.2 percent in the first quarter, gaining no speed from the quarter before.
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