# Markets see door wide open for more ECB rate cuts on tariff hit

> The European Central Bank cut its deposit rate by 25 basis points to 2.25% on April 17, its seventh cut this cycle. It cited exceptional uncertainty from trade tensions and dropped the reference to rates being restrictive, and traders increased bets on further easing.

- Date: 2025-04-17 · published 2025-04-17T12:00:00.000Z
- Category: macro · region Europe · magnitude medium
- Page: https://feedsoft.ai/events/25335-markets-see-door-wide-open-for-more-ecb-rate-cuts-on-tariff-hit
- Commodities: [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md)

## Why it matters

Easier ECB policy tends to weaken the euro against the dollar, which can make US exports to Europe cheaper and EU feed imports pricier in dollar terms. The macro shift matters for feed buyers mainly through currency and energy-linked input costs.

## Read by commodity

- EURUSD: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| EURUSD | 2025-04-17 | [VIEW ECB cuts rates again to buffer economy from U.S. tariff hit](https://feedsoft.ai/events/25336-view-ecb-cuts-rates-again-to-buffer-economy-from-u-s-tariff-hit.md) | -0.3% | -1.5% |
| EURUSD | 2021-01-27 | [ECB officials hinting rate cuts What it means for EURUSD](https://feedsoft.ai/events/49382-ecb-officials-hinting-rate-cuts-what-it-means-for-eurusd.md) | -1.0% | -0.0% |
| EURUSD | 2024-03-07 | [Markets see clearer ECB rate-cut roadmap as inflation fog lifts - The Globe and Mail](https://feedsoft.ai/events/31423-markets-see-clearer-ecb-rate-cut-roadmap-as-inflation-fog-lifts-the-globe-and.md) | +0.3% | -0.8% |
| EURUSD | 2025-01-30 | [VIEW ECB cuts rates again, keeps door open to further easing \| Reuters](https://feedsoft.ai/events/26726-view-ecb-cuts-rates-again-keeps-door-open-to-further-easing-reuters.md) | +0.0% | -0.0% |
| EURUSD | 2023-03-15 | [Market bets on big ECB rate hike evaporate on renewed bank turmoil \| Reuters](https://feedsoft.ai/events/10076-market-bets-on-big-ecb-rate-hike-evaporate-on-renewed-bank-turmoil-reuters.md) | +0.4% | +1.7% |

## Sources

- reuters.com: https://www.reuters.com/markets/markets-see-door-wide-open-more-ecb-rate-cuts-tariff-hit-2025-04-17/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.