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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 […]

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• 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 […]

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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 […]

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