ECB forecasts said to cut inflation outlook through 2019 - BBG

Bloomberg reporting latest headlines, citing that the European Central Bank’s (ECB) draft forecasts are said to cut inflation outlook through 2019; while raising GDP outlook by around 0.1 point through 2019.

The ECB monetary policy decision is scheduled for announcement tomorrow, with markets expecting a more benign view of the economy from the central bank chief Draghi.

EUR/USD slumped from near 1.1280 to 1.1215 on the above-mentioned headlines.