Eurozone News
LAST UPDATE: October 1, 2025
ECB’s Nagel urges Europe to back Fed’s independence against Trump
ECB Executive Board member Nagel called on European governments to publicly support the independence of the U.S. Federal Reserve in the face of political pressure from Trump. (Reuters)
Insight
The remark underscores European sensitivity to central bank autonomy amid global debates over monetary governance.
ECB backs fewer bank buffers, simpler rules for small lenders, de Guindos says
ECB Vice-President Luis de Guindos said the ECB will propose cutting the number of capital buffers and simplifying regulatory requirements for smaller banks. (Reuters)
Insight
The push aims to ease regulatory burdens on smaller banks and enhance competitiveness versus global peers.
Euro zone inflation picks up, bolstering ECB’s case for staying on hold
Euro zone inflation rose to 2.2% year-on-year in September, driven by services inflation and less decline in energy prices. (Reuters)
Insight
The stronger inflation reading supports the case for the ECB to maintain current policy rather than further loosening.
Euro zone manufacturing returned to contraction in September, PMI shows
Euro-area manufacturing PMI declined to 49.8 in September from 50.7 in August, moving back into contraction territory. (Reuters)
Insight
The weakening in manufacturing suggests headwinds in export and industrial demand, which may weigh on the broader economy.
