European Central Bank Cuts Rates Amid Tariff Uncertainty
Policymakers lowered rates a quarter point and said that the region’s growth outlook had “deteriorated” because of rising trade tensions.
Posted inCustoms (Tariff) Economic Conditions and Trends European Central Bank Eurozone Inflation (Economics) Interest Rates
European Central Bank Cuts Interest Rates as Economic Growth Stagnates
The European Central Bank’s reduction, the fifth consecutive cut since last summer, came a day after the U.S. Federal Reserve held interest rates.
Germany Avoids Recession, but Weak Growth Weighs on Europe
The continent’s economy continued to limp along, expanding just 0.4 percent in the latest quarter, dragged down by a loss of competitiveness.
Posted inBanking and Financial Institutions European Central Bank Eurozone Inflation (Economics) Interest Rates
European Central Bank Cuts Rates for Second Time in Three Months
The reduction, to 3.5 percent from 3.75 percent, comes as inflation has slowed and the bank faces pressure to bolster the region’s flagging economy.