US Edition
ECB expected to cut rates again as Trump trade war rumbles on
- The European Central Bank is expected to implement its seventh consecutive interest rate cut due to challenges from US President Donald Trump's trade policies, impacting the eurozone's economy.
- The European Central Bank is expected to make its seventh-straight interest rate cut this week due to US President Donald Trump's trade policies affecting the eurozone's economy.
- Euro-Area inflation in April was recorded at 2.2 percent, which is above the European Central Bank's two-percent target.
- ECB President Christine Lagarde indicated that the global economic order supported by US leadership is 'fracturing,' showing concern over the current economic climate.
60 Articles
60 Articles
As every six weeks, the organisation based in Frankfurt will hold its monetary policy meeting on Thursday, June 5, an event for which analysts expect a reduction of 25 basic points. If market expectations are met, the central bank will place the deposit facility - the current reference for the price of money in the eurozone - on the 2% threshold, minimum since October 2022. Expectations around this decision are high, given that this 2% puts it w…
Euro zone bond yields steady as eyes turn to ECB decision
Euro zone government bond yields were steady on Monday as traders braced for a widely expected European Central Bank rate cut later this week, while U.S. trade policy remained in focus. Germany's 10-year yield, the benchmark for the euro zone, was last up less than 1 basis point (bp) at 2.513%, after its biggest weekly fall since mid-April last week.
InsideNoVA.com
ECB expected to cut rates again as Trump trade war rumbles on
The European Central Bank is expected to deliver its seventh-straight interest rate cut this week as US President Donald Trump's volatile trade policies add to headwinds for the sluggish eurozone.
"If it were the last roller coaster of one of the many fun theme parks in the world, all the twists and turns could be exciting, but in this case the volatility is becoming exhausting," says Danni Hewson, director of financial analysis at AJ Bell. "While it is impossible to ignore the implications for the global economy – and now there are countless terms dedicated to the impact that the president is having on markets and in the daily decision-m…
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