The European Central Bank will face scrutiny on Thursday over its response to a growing global battle over currencies and a spike in market interest rates after it held interest rates at a record low 1.0 percent.
The rate decision came as no surprise as all 79 economists in a Reuters poll had predicted the ECB would leave rates on hold for the 17th month in a row. The median forecast is for no change until the fourth quarter of next year. Get the full story »
