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.
62 Articles
62 Articles

European Central Bank expected to cut rates again amid worries about Trump's tariffs
Worries about economic growth fueled by U.S. President Donald Trump’s tariff onslaught will likely push the European Central Bank to cut interest rates on Thursday for a sixth straight time to make credit more affordable for business and consumers.
Euro eases ahead of ECB meeting, dollar also gains on yen after trade talks
The euro eased against the dollar ahead of an expected interest rate cut by the European Central Bank on Thursday, while the greenback lifted off seven-month lows against the yen after U.S.-Japan trade talks avoided the issue of foreign exchange.U.S. President Donald Trump's erratic trade policy has clouded t
Market expects further cut in ECB rates in response to Trump’s tariff war
It was going to be the most open meeting in recent months. Germany’s decision to break with austerity and launch a historic plan of investment in defence and infrastructure, with its consequent favourable impact on growth, and hence its risks to inflation and economic overheating, seemed to be the right signal to pause at interest rates that already accumulate six rebates in the last seven rounds of the European Central Bank, five of them consec…
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