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Euro eases ahead of ECB meeting, dollar also gains on yen after trade talks

  • The ECB considered cutting interest rates amid concerns about eurozone growth.
  • Trump's tariffs and trade uncertainty heightened downside risks for the eurozone economy.
  • Inflation in the eurozone had fallen from 2022 highs to 2.2 percent in March.
  • Lagarde stated, "The ECB is always ready to use the instruments that it has available."
  • The ECB was expected to cut rates, potentially to 2.25%, but the path remains open-ended.
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Bias Distribution

  • 37% of the sources lean Left, 37% of the sources are Center
37% Center
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Politico Europe broke the news in Brussels, Belgium on Tuesday, April 15, 2025.
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