Euro Area Hits Cruising Speed as ECB Stimulus Adds to Momentum

The euro-area economy probably grew at the fastest pace in almost two years in the first quarter, underpinned by the start of the European Central Bank’s largest-ever stimulus program.

Carney Seeks to Maintain Low-Rate Outlook as Economy Gains

Bank of England Governor Mark Carney and his colleagues are debating how they can reflect the strength of the U.K. economy in their forecasts without suggesting that interest rates are about to go up.

Draghi’s Deflation Risk Complicates Recovery: Euro Credit

Mario Draghi is facing down a deflation threat with few options left to fight it. Consumer prices in the euro area are rising at the slowest pace in four years, well below the European Central Bank’s target of just under 2 percent.