ECB Bulletin: Eurozone economy still in broad-based expansion

The European Central Bank (ECB) is out with its monthly economic bulletin last minutes, which highlights key points from the Oct 25^th ECB monetary policy meeting.

Key Points:

Eurozone economy still in broad-based expansion.

Even if growth is somewhat weaker than expected.

Short-term indicators point to continued strength in the labor market.

Private consumption expected to display resilient growth in the coming quarters.

Risks to global growth are to the downside due to trade restrictions.