US EditionEuropean Central Bank cuts interest rates for the seventh time
- The European Central Bank cut interest rates for the seventh time to address economic growth concerns due to rising trade tensions caused by President Donald Trump's tariff policies.
- The bank stated, 'the outlook for growth has deteriorated due to rising trade tensions.'
- The benchmark rate was lowered by a quarter percentage point to 2.25% during a council meeting in Frankfurt.
- This cut is expected to support economic activity in the 20 countries using the euro currency by making credit more affordable.
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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