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 jumps as Eurozone core CPI rises

Eurozone CPI for April remained at 2.2% and core inflation at 2.7%, confiriming the initial estimates. The ECB remains on track for a second-straight rate cut in June.

19-05-2025 14:46 GMT by Kenneth Fisher

Euro edges upwards as Services PMIs inch higher

Eurozone and German Services PMIs are showing stagnation, as business activity remains weak due to the difficult economic conditions and concerns over US tariffs. The Federal Reserve is widely expected to maintains rates on Wednesday.

06-05-2025 15:30 GMT by Kenneth Fisher