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US initial jobless claims fell -9k to 215k in the week ending April 12, below expectation of 224k. Four-week moving average of initial claims fell -2.5k to 221k. Continuing claims rose 41k to 1885k in the week ending April 5. Four-week moving average of continuing claims rose 1k to 1867k. Full US jobless claims release […]

The post US initial jobless claims fall to 215k, vs exp 224k appeared first on Action Forex.

• Monetary policy is well positioned, doesn’t see need to change rates any time soon
• Tariffs will drive up inflation this year and lower growth

There isn’t much support for a rate cut any time soon, though markets are pricing in a big pivot and quickly.

This article was written by Adam Button at www.forexlive.com.

ECB cut its deposit rate by 25 bps points to 2.25% as widely expected, but the more notable shift came in the tone of its accompanying statement. ECB completely removed the reference to its policy stance being “restrictive,” a phrase that had previously signaled a bias toward further monetary easing. This change suggests policymakers believe […]

The post ECB cuts rates to 2.25%, drops “restrictive” language amid mounting uncertainty appeared first on Action Forex.

17 April 2025 The Governing Council today decided to lower the three key ECB interest rates by 25 basis points. In particular, the decision to lower the deposit facility rate – the rate through which the Governing Council steers the monetary policy stance – is based on its updated assessment of the inflation outlook, the […]

The post (ECB) Monetary policy decisions appeared first on Action Forex.