ECB’s Kocher: Believe we are at the end of the rate cutting cycle or at least very close to it

European Central Bank (ECB) Governing Council member Martin Kocher said on Thursday, “I believe that we have reached the end of the interest rate reduction cycle or are at least very close to it.”

He further noted that it is “important to keep powder dry for potential crises.”

Oct 16, 2025

AUD: Rising unemployment no guarantee of RBA cut – ING

Australia reported an acceleration in the unemployment rate in September from a revised 4.3% to 4.5%, above the 4.3% consensus, ING's FX analyst Francesco Pesole notes.

Oil: API reports a large build of Oil inventory – ING

Oil prices recovered some of the losses this Thursday morning as President Trump said India vowed to halt purchases of Russian barrels soon, ING's commodity experts Ewa Manthey and Warren Patterson note.

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ECB’s Kocher: Believe we are at the end of the rate cutting cycle or at least very close to it

AUD: Rising unemployment no guarantee of RBA cut – ING

Oil: API reports a large build of Oil inventory – ING