European Central Bank (ECB) news

The European Central Bank (ECB) is the central bank for the Eurozone, responsible for monetary policy. Its primary objective is to maintain price stability within the 20 member states using the euro. The ECB uses various monetary policy tools to guide the Eurozone economy and support sustainable growth.

Euro under pressure as Services PMIs slip

The euro is showing limited movement on Wednesday. Euro and German Services PMIs missed expectations and fell into contraction territory. Business acitivity has been hampered by US tariffs which have chilled the global economy landscape.

23-04-2025 10:45 GMT by Kenneth Fisher

Euro hits 3.5 year high, ECB closing in on inflation target

ECB member Peter Kazimir said on Tuesday that he expected the ECB to achieve its 2% inflation target in the next few months. Kazimir cautioned against projecting where monetary policy was headed because of volatile conditions in the market. US President Trump has continued to attack Fed Chair Powell, which has weighed on the equity markets.

22-04-2025 14:30 GMT by Kenneth Fisher