The European Central Bank is more confident about growth prospects and therefore has decided to withdraw the reference to the possibility of accelerating stimulus. According to the president of the institution it was already unlikely that the option would be triggered.The meeting of the Board of Governors of the European Central Bank brought a surprise, but the president of the institution stressed that we should not see the unexpected decision as a signal about the future.In the statement after the monetary policy meeting, the ECB dropped the reference that if the outlook becomes less favorable or financial conditions become inconsistent with further progress towards sustainable adjustment in the course of inflation, Board of Governors be ready to increase the increase in the purchasing program in terms of size or duration.
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