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.

EUR/USD - Credit Suisse woes knock down euro, will ECB hike today?

The euro has rebounded on Thursday after sliding 1.5% a day earlier, its worst daily showing since September 2022. In the European session, EUR/USD is trading at 1.0613, up 0.35%. The financial markets are in turmoil, with fears growing that the Silicon Valley collapse could lead to a full-blown banking crisis.

16-03-2023 06:21 GMT by Kenneth Fisher

Week Ahead - ECB Playing Catch-Up

The labor market is still strong but is showing signs it is ready to soften as wages cool. Wall Street will pay close attention to the February inflation report. Disinflation trends are struggling here and a hot report could not only lock the Fed into boosting their hiking pace but possibly lead markets into expecting a higher peak rate. Headline inflation is expected to slow from 6.4% to 6.0%.

10-03-2023 17:50 GMT by Craig Erlam