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24 Apr 2025

ECB’s Holzmann: Rate cuts must wait for more tariff certainty

CNBC reported that European Central Bank (ECB) policymaker Robert Holzmann said that euro-zone interest rates should be held until more clarity emerges on the path of US tariffs and EU countermeasures.

Key Quotes

  • Rate cuts must wait for more tariff certainty.
  • There was a “broad consensus” around lowering rates, but some disagreement at the margins.
  • It wasn’t clear yet to what extent [tariff] countermeasures were being taken.
  • There may be further cuts this year, but the number is still outstanding.
  • While various scenarios remained possible with regard to prices and movement of rates, for the time being direction was downward.


Apr 24, 2025

Fed's Waller: Rate cuts could come from rising unemployment

Federal Reserve (Fed) Governor Christopher Waller told Bloomberg on Thursday that tariffs are a part of most economic debates and noted that the general tone suggests that many companies are frozen by the uncertainty.
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Apr 24, 2025

United States EIA Natural Gas Storage Change above expectations (69B) in April 18: Actual (88B)

United States EIA Natural Gas Storage Change above expectations (69B) in April 18: Actual (88B)
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