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.

Week Ahead - Jobs report eyed
It remains all about the Fed as it continues down an aggressive tightening path.  Wall Street will now fixated on how quick this economy is going to weaken.  A weakening consumer will help drive down inflation but so far this economy has shown a lot of resilience in the service sector.  Investors will have a handful of key economic releases to follow this week.  On Monday, the ISM manufacturing report is expected to soften but still remain in expansion territory while prices paid, new orders
by Craig Erlam
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Week Ahead - Recession fears mounting
Now that Wall Street has had some time to digest the FOMC decision, the focus shifts to how quickly the economy is weakening and a wave of Fed speak.  A wide range of economic releases includes more Fed regional surveys, durable goods orders, consumer confidence, new home sales, initial jobless claims, personal income & spending, and the PCE deflator.  An overwhelming amount of Fed speak include 16 appearances by policymakers.
by Craig Erlam
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