Ideas Markets Events Research
Close
search
Ideas
Markets
Events
Research
Nothing found
Select a section for which the search will be carried out
11 April 2025 | Euro

Bloomberg poll: ECB monetary policy now hinges on US President's tariff decisions

EURJPY
EURGBP
EURUSD
EURAUD
EURCAD
Bloomberg poll: ECB monetary policy now hinges on US President's tariff decisions

Experts polled by Bloomberg forecast two more interest rate cuts by the European Central Bank (ECB) this year—but warn that US tariff policy could ultimately dictate the central bank's moves. In their view, the US President's decisions may change the strategy of the European regulator and have a negative impact on the region's economic recovery.

The experts' baseline scenario suggests ECB rate cuts of 0.25% each in April and June and then a pause until the end of 2026. However, Donald Trump's first months in office proved how unpredictable his actions can be. Thus, the experts polled by the agency cannot rule out alternative scenarios.

According to AFS Interest analyst Arne Petimezas, Donald Trump has managed to establish control over ECB monetary policy through erratic import tariffs.

Elena Berseneva MarketCheese

Recommended

United Kingdom. Retail Sales (YoY). The value of the indicator has increased from 0.1% to 3.2%
Today at 6:01 AM
Japan. National CPI (YoY). The value of the indicator has increased from 1.4% to 1.5%
Yesterday at 11:30 PM
United Kingdom. BoE Interest Rate Decision. The value of the indicator remained at the same level of 3.75%
Yesterday at 11:01 AM
European Union. Current Account. The value of the indicator has increased from 14.9B to 15.7B
Yesterday at 8:01 AM
United Kingdom. Unemployment Rate. The value of the indicator has decreased from 5% to 4.9%
Yesterday at 6:01 AM
Top news
United Kingdom. BoE Interest Rate Decision. The value of the indicator remained at the same level of 3.75%
Yesterday at 11:01 AM
Switzerland. SNB Interest Rate Decision. The value of the indicator remained at the same level of 0%
Yesterday at 7:30 AM
United States. Fed Interest Rate Decision. The value of the indicator remained at the same level of 3.75%
17 June
United States. Retail Sales (MoM). The value of the indicator has increased from 0.4% to 0.9%
17 June
European Union. CPI (MoM). The value of the indicator remained at the same level of 0.1%
17 June
All news

Forecasts

GBPUSD sell
Period: 03.07.2026 Expectation: 2000 pips
Selling GBPUSD as BoE kept rates unchanged
Indicators and reports FA Other Hot news Chart analysis
Today at 11:02 AM 5
Reed_Marcus
Brent sell
Period: 26.06.2026 Expectation: 500 pips
Brent crude plunges deeper amid US-Iran peace deal
Technical analysis FA Other Indicators Chart analysis Fundamental analysis
Today at 10:06 AM 4
Lyra_Moonwell1
AUDCAD buy
Period: 19.07.2026 Expectation: 1000 pips
Invest in AUDCAD up to 1.00000
Indicators and reports FA Other Hot news Chart analysis
Today at 09:34 AM 4
Sinclair_John
Gold sell
Period: 30.06.2026 Expectation: 13000 pips
Gold sell-off targets $4,000
TA Other FA Other
Today at 09:04 AM 11
McCarthy_Raymond
ETHUSD buy
Period: 31.12.2026 Expectation: 11000 pips
Invest in Ethereum if it breaks through $1,850
TA Other FA Other
Today at 08:55 AM 6
Bruce_Powers
USDCAD buy
Period: 26.06.2026 Expectation: 1150 pips
USDCAD hits 14-month highs on resilient US economy
Technical analysis Indicators and reports FA Other Indicators Fundamental analysis
Today at 08:35 AM 7
Emily_Foster
Go to forecasts