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European Union headquarters

With the weakening economic outlook, the European Central Bank is expected to hold rates in December

Business chart with glowing arrows and world map

Merchandise trade down, services activity flat from previous quarter

Global growth

Strong U.S. economy single-handedly drives G7 results

European Union headquarters

Big project needed to galvanize creation of single capital market

Using a cell phone for finance

Slowing forecasts diverge as the growing pain of higher rates plays out


Short-term expectations increase, long-term view unchanged

Wrestling inflation

Slowdown in September followed two months of faster price rises

Euro trading

Trading volumes fell, fragmentation, specialization increased since U.K. left

Frankfurt, Germany - November 09, 2020: European Central Bank ECB, EZB headquarters at Eastend Frankfurt, Germany. The European Central Bank (ECB) is the central bank of the Eurozone. Close-up of the logo in front of the building.

The forecast for core inflation was also revised downward in the latest ECB survey

Eurotower in Frankfurt am Main before sundown

The central bank's pause on interest rate increases is the first in more than a year