Financial Mirror on Nostr: ECB interest rate decision ahead, US Q4 GDP ========== EURUSD trades around 1.0420 as ...
ECB interest rate decision ahead, US Q4 GDP
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EURUSD trades around 1.0420 as investors await ECB's decision on January 30, 2025; ECB expected to cut Deposit Facility Rate by 25 basis points to 2.75% and Main Refinancing Operations Rate to 2.9%; four quarter point cuts anticipated this year to reach 2% by year-end; Eurozone GDP flat at 0% growth in Q4 2024, following 0.4% growth in Q3; German economy contracted by 0.2% YoY in Q4; US Q4 GDP expected to grow by 2.6%, slower than 3.1% in Q3; Fed left rates unchanged at 4.25-4.50% on January 29, 2025; inflation concerns persist with core CPI at 3.2% YoY; investors await US PCE data on January 31, 2025.
#Ecb #InterestRates #Gdp #Eurozone #UsEconomy #Inflation #TrumpTariffs #FinancialMarkets #EconomicOutlook #MonetaryPolicy
https://www.financialmirror.com/2025/01/30/ecb-interest-rate-decision-ahead-us-q4-gdp/
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EURUSD trades around 1.0420 as investors await ECB's decision on January 30, 2025; ECB expected to cut Deposit Facility Rate by 25 basis points to 2.75% and Main Refinancing Operations Rate to 2.9%; four quarter point cuts anticipated this year to reach 2% by year-end; Eurozone GDP flat at 0% growth in Q4 2024, following 0.4% growth in Q3; German economy contracted by 0.2% YoY in Q4; US Q4 GDP expected to grow by 2.6%, slower than 3.1% in Q3; Fed left rates unchanged at 4.25-4.50% on January 29, 2025; inflation concerns persist with core CPI at 3.2% YoY; investors await US PCE data on January 31, 2025.
#Ecb #InterestRates #Gdp #Eurozone #UsEconomy #Inflation #TrumpTariffs #FinancialMarkets #EconomicOutlook #MonetaryPolicy
https://www.financialmirror.com/2025/01/30/ecb-interest-rate-decision-ahead-us-q4-gdp/