Global Economic Trends: ECB Rate Cuts and Labor Market Weakness

Eight times now. The ECB is trying to say it might be one now, yet no one is listening least of all the economy. What everyone really wants to know is, when is the Fed going to follow along? In addition to all these other central banks acting, the latest reports from the Fed itself show that rejoining the global rate race might be a lot closer than everyone thinks. 

Eurodollar University's Money & Macro Analysis

ECB Press Conference Statement 
https://www.ecb.europa.eu/press/press_conference/monetary-policy-statement/2025/html/ecb.is250605~f00a36ef2b.en.html

Bloomberg US Initial Jobless Claims Rise to Highest Level Since October
https://www.bloomberg.com/news/articles/2025-06-05/us-initial-jobless-claims-rise-to-highest-level-since-october

Fed Beige Book May 2025
https://www.federalreserve.gov/monetarypolicy/files/BeigeBook_20250604.pdf

https://www.eurodollar.university
Twitter: https://twitter.com/JeffSnider_EDU