TOUGH LOVE: Analysts expect the European Central bank will keep its most powerful monetary weapons muzzled when its 23-member governing council meets Wednesday in hopes of pushing Europe’s divided leaders into action.

THE OUTLOOK: No cut is expected in its benchmark interest rate, which has already at a record low of 1 percent. And there’s little prospect that it will serve up more cheap emergency credit for shaky banks, after handing out €1 trillion ($1.24 trillion) in December and February.