Inflation is back under control, and the European economy is weathering Trump's tariff onslaught better than expected. Those are reasons the European Central Bank is expected to keep its benchmark interest rate unchanged Thursday.
Instead, attention will focus on what bank President Christine Lagarde will have to say about France's fiscal crisis — and any possible role for the ECB in containing potential market turmoil that could erupt from the country's out-of-control deficit and political logjam.
