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European Central Bank poised to cut rates amid global tariff turmoil
The European Central Bank is widely expected to trim interest rates for the third time this year as global tariff tensions and uncertainty threaten the euro zone's economic growth. A quarter-point cut would take the ECB's deposit facility rate, its key rate, to 2.25% — down from a high of 4% toward the middle of 2023.
FRANKFURT — A global market rout induced by US President Donald J. Trump’s tariffs scheme has solidified the case for another European Central Bank (ECB) rate cut next week and supports ...
The European Central Bank has cut interest rates for the seventh time in a year, looking to prop up an already struggling economy that will take a large hit from US tariffs. The bank ...
The European Bank is widely expected to trim ... in a roughly 94% chance of a quarter-point interest rate cut from the central bank and a close to 6% likelihood of a larger, 50-basis-point ...
A line chart comparing inflation metrics over the past five years. The European Central Bank lowered rates earlier this month to 2.5%, its sixth cut since June. The ECB, however, warned of ...
The pan-European Stoxx 600 (STOXX) was down 0.44% on Thursday. The Swiss National Bank reduced its benchmark interest rate, while the Bank of England and Sweden's Riksbank kept borrowing costs ...
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