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.

DAX - Rebounds amid a major boost for the ECB but there's still a long way to go

Eurozone HICP inflation y/y 4.3% in September (5.2% in August), core HICP 4.5% (5.3%) US PCE inflation y/y 3.5% in August (3.4% in July), core PCE 3.9% (4.3%) DAX rebounds but remains below key technical level European stock markets are performing well at the end of the week after spending much of it in the red on the back of fresh interest rate concerns. A determination to drive home the message that interest rates will stay higher for longer appears to have finally wobbled investors

29-09-2023 10:07 GMT by Craig Erlam

Week Ahead - US and eurozone inflation, Fed speak, Bank of Japan minutes

It will be a busy week filled with a wide range of economic releases, with the focus falling on the consumer and the Fed’s preferred inflation gauge. August personal income is expected to rise given the strong labor market while spending cooled given the end of summer vacations. The bond market will pay extremely close attention to the next round of inflation readings.

22-09-2023 11:44 GMT by Craig Erlam