ECB meeting saw Brexit affecting growth

European Central Bank policy makers estimated in June that the recovery in the euro zone would proceed at a “moderate but steady pace,” though subject to “difficult to anticipate” risks from Britain's vote on leaving the European Union.

Central bankers were in “general agreement” thatthe referendum“was an important source of uncertainty as regards the economic outlook,” and in the event that Britain voted to quit the bloc there could be significant “negative spillovers ...