US jobless claims jump to 261,000
Eurozone GDP posts back-to-back quarterly declines
EUR/USD climbs sharply
08-06-2023 12:01 GMT
by Kenneth Fisher
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.