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.

ECB holds rates as expected, Euro steady

As expected, the ECB held rates today for the first time in over a year. The central bank pointed to "exceptionally uncertain" economic conditions for its cautious decision. Still, investors expect at least one more rate cut before the end of the year.

24-07-2025 15:50 GMT by Kenneth Fisher

Markets Today: FTSE 100 Breaks Records as Euro Area Private Sector Growth Hits 11-Month Highs, ECB Meeting Ahead

The FTSE 100 hit a new record high today as European markets surged, driven by strong Eurozone PMI data showing 11-month growth. Global stocks are up on easing trade tensions and positive earnings reports from companies like Deutsche Bank, though Tesla and Nestle saw declines. The ECB meeting and US PMI data are next.

24-07-2025 10:35 GMT by Zain Vawda