: ECB seen pausing as economy sputters

The European Central Bank is expected to pause on Thursday as inflation cools while activity stagnates. The ECB is expected to keep its deposit rates at 4%. The decision will be delivered in Athens, Greece — it makes one rate decision per year outside of its Frankfurt headquarters — at 1:45 p.m. local time, or 7:45 a.m. Eastern.The latest data shows the European economy sputtering. The last reading of eurozone manufacturing PMI was 43, on a scale where readings below 50 indicate dete