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 - ECB set to pause tightening cycle, a big week for earnings

US Now that Fed Chair Powell signaled that the Federal Open Market Committee will keep rates on hold at the next policy meeting, Wall Street will look to see how high growth will peak before the economy cools in Q4. Expectations are for the advance reading of Q3 GDP to rise from 2.1% to 4.3%. Investors will also want to see if the September income and spending data show the consumer is still in good shape, as both readings are expected to post 0.4% monthly gains. Big earnings for the week w

20-10-2023 19:15 GMT by Craig Erlam

Week Ahead - US retail sales and earnings, major Chinese data, and UK inflation and employment readings

This week Wall Street will learn how quickly the US consumer is weakening and if the manufacturing part of the economy is close to entering recovery mode. The US retail sales report for September is expected to show monthly sales increased 0.3%, down from the 0.6% in the previous month.

13-10-2023 15:17 GMT by Edward Moya