European Central Bank Cuts Rates for Second Time in Three Months

European Central Bank Cuts Rates for Second Time in Three Months

The New York Times - Business:

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.

Eshe Nelson
Author: Eshe Nelson

This post first appeared in The New York Times - Business. Read the original article.