European Central Bank cuts eurozone interest rates

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Rates at 2.5% waiting for the Fed: growth revised downwards. Fabi: “Savings of up to 2,400 euros a year are expected on mortgages.” As expected, the ECB reduced rates by another 0.25%, bringing them to 2.5%. This is the sixth consecutive cut since June last year. A step that marks a clear...

Santa Maria Times

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FRANKFURT, Germany (AP) — The European Central Bank on Monday cut interest rates by another quarter-point to boost growth, lowering borrowing costs for consumers and businesses to support an economy that is struggling to meet its expectations.

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ECB keeps door open to more easing after cutting interest rates

Looming trade war and plans to boost military spending drive Europe’s biggest economic policy upheaval in decades

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Europe’s Massive Spending Plans Get a Boost as ECB Makes Credit Cheaper

The European Central Bank (ECB) has lowered its deposit rate to 2.5%, marking the sixth rate cut since June 2024. This decision reflects efforts to stimulate the eurozone’s sluggish economy. It is projected to grow just 0.9% in 2025 after a weak 0.7% expansion in 2024. Inflation, currently at 2.3%, remains slightly above the ECB’s […]

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European Central Bank cuts eurozone interest rates

The bank cuts rates to 2.5% but faces pressures from threatened US tariffs and plans to boost military funding.

Deutsche Welle

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ECB cuts key interest rate to 2.5% amid 'risk, uncertainty'

The rate cut comes as the ECB seeks to alleviate pressure on consumers and businesses amid sluggish economic growth in Europe, and the threat of trade tensions with the US.