ECB governors fear political pressure over Fed-style ‘dot plot’

European Central Bank governors fear publishing their interest rate forecasts would invite pressure from governments trying to gauge if their central banker was serving their domestic agenda, sources told Reuters in a sign an idea to follow the US Federal Reserve’s practice may be hard to sell.

Their concerns highlight the contradictions of the euro zone’s architecture compared with jurisdictions with only one national government, such as Britain and the United States.

ECB board...