ECB raises inflation projections, cut 2018 growth forecast

RIGA, June 14 (Reuters) - The European Central Bank raised
its inflation forecasts for this year and next but lowered its
2018 growth projection, ECB President Mario Draghi told a news
conference on Thursday.
The ECB, which targets inflation at just below 2 percent,
sees price growth at 1.7 percent this year and in 2019 and 2020.
With oil prices up more than 60 percent since last year and
the euro off its recent highs against the dollar, imported
inflation has been seen rising, slowl

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