US EditionEuropean Central Bank cuts interest rates for the seventh time
- The European Central Bank cut interest rates for the seventh time in a year to support the euro zone economy, which is struggling amid US tariffs.
- Policymakers unanimously approved the cut, acknowledging that a global trade war has changed the economic outlook, according to a source cited by Reuters.
- The interest rate cut is expected to bolster economic activity across the 20 euro-using countries by making credit cheaper for consumers and businesses.
- The benchmark deposit rate is now at 2.25 percent, the lowest since early 2023.
323 Articles
323 Articles
MarketWatch
RocketNewsCan Trump fire Powell? Here’s the key court case.
Every month, the vice-president of the Institute of Liberties and Economic News, and the account is not there The European Central Bank has just published its results for the year 2024. Plunged by the effect of its own rate increases, the institution chaired by Christine Lagarde has a loss of 8 billion euros. The central banks of the euro area will therefore not receive any dividends. At the same time, the Swiss National Bank (SNB) closes its 20…
This is a sixth consecutive decline: the European Central Bank (ECB) decided on Thursday 17 April to lower its policy rate by 25 basis points, to 2.25%. A decision aimed at stimulating the growth of the euro area, threatened by the trade war initiated by Donald Trump.
BBC World Service - Newshour, Trump attacks Fed boss for not cutting interest rates
President Trump has attacked the head of the US Central Bank Jerome Powell for refusing to cut interest rates, saying he should be terminated from his position. We speak to economists for and against sacking the president's latest critic. Also on the programme: The French president Emmanuel Macron has spoken positively about a day of talks on Ukraine in Paris, involving both US and European representatives; and the astronomers searching for lif…
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