Minutes of the March policy session of the European Central Bank showed that rate-setters were worried about the impact of the looming trade tariffs and the high uncertainty on the Eurozone economic growth.
"Looking ahead, the point was made that the likely shocks on the horizon, including from escalating trade tensions, and uncertainty more generally, risked significantly weighing on growth," the minutes, which the ECB calls "account", of the Governing Council meeting on March 5-6 showed on Thursday.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.