European Central Bank cuts interest rates for the seventh time as global trade tensions escalate

FRANKFURT, Germany (AP) — The European Central Bank cut interest rates Thursday for the seventh time to counter worries about economic growth fueled by President Donald Trump’s tariff onslaught. The bank’s move should support economic activity in the 20 …

European Central Bank expected to cut rates again amid worries about Trump’s tariffs

FRANKFURT, Germany (AP) — Worries about economic growth fueled by U.S. President Donald Trump’s tariff onslaught will likely push the European Central Bank to cut interest rates on Thursday for a seventh straight time, a move that should make credit more …

Donald Trump criticises Federal Reserve chair as European Central Bank cuts interest rates

Donald Trump says end of Jerome Powell's term as Fed chair 'cannot come fast enough'Donald Trump is awake. And he has strongly criticised monetary policy by the Federal Reserve, saying the end of Jerome Powell’s tenure as chair “cannot come …

Threatened by Trump's tariff? European Central Bank cuts interest rate

The European Central Bank cut interest rates again on Thursday (Apr 17) amid fears that US President Donald Trump's stop-start tariff announcements could threaten growth across the eurozone. Rate-setters were operating in a context of "exceptional …

European Central Bank Cuts Rates as Trade Tensions Weigh on Outlook, Inflation Eases

The European Central Bank (ECB) has cut interest rates by 25 basis points, citing easing inflation and rising downside risks to economic growth, including escalating global trade tensions and weakening business confidence across the euro area. The decision …

European Central Bank cuts interest rates amid fears over economic growth

European Central Bank cuts interest rates for the seventh time in a year

The European Central Bank's cut interest rates for the seventh time in a year. It reduced rates by a quarter of a per cent. The move benefits tracker mortgage holders immediately and puts pressure on banks to reduce other rates. President of the ECB, …

European Central Bank cuts key interest rates by 0.25 percentage points

In its third rate cut of the year, the Governing Council of the European Central Bank (ECB) decided Thursday to lower three key interest rates by 25 basis points, or 0.25 percentage points. Effective April 23, the interest rates on the deposit facility, …

Trump fumes as European Central Bank lowers interest rates

The European Central Bank cuts Interest Rates for the Third Time this Year

The European Central Bank has cut interest rates again this year, cutting its main rate by 25 basis points. The move comes as economic growth in the eurozone slows and fears grow that new tariffs could be imposed by US President Donald Trump. Borrowing …