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The central bank cut by a quarter of a percentage point to cushion Europe’s flagging economy from Trump’s trade war.
Policymakers lowered rates a quarter point and said that the region’s growth outlook had “deteriorated” because of rising ...
The European Central Bank cut interest rates as expected on Thursday, easing for the seventh time in the past year as U.S.
The European Central Bank cut interest rates for the seventh time in a year on Thursday and warned that economic growth will take a big hit from U.S. tariffs, bolstering bets for even more policy ...
The ECB began cutting rates in June 2024, following a decline in inflation to 2.6% after peaking at 10.6% in October 2022. The bloc’s central bank felt it needed to ease monetary policy to support the ...
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