The European Central Bank is widely expected to maintain status quo on conclusion of its policy session on Thursday as the recent developments, some slightly dismal, are too insignificant to warrant a change of course.
Meanwhile, ECB President Mario Draghi is likely to adopt a slightly more dovish tone as core inflation is yet to show any sharp pick-up that the bank expected earlier.
That said, Draghi is widely expected to voice determination in carrying out the bank's plan to end its EUR 2.5 trillion asset purchase plan in December.
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Business News
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.