ECB trims rates: Cuts benchmark rates by 25 bps amid Trump tariff risks; growth path now hinges on trade talks

Jun 5, 2025 - 23:00
ECB trims rates: Cuts benchmark rates by 25 bps amid Trump tariff risks; growth path now hinges on trade talks

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The European Central Bank has lowered its key interest rate to 2% amidst growing concerns over US trade policies and a slowing eurozone economy. This decision, the eighth consecutive rate cut, aims to protect against potential fallout from trade tensions and weak domestic demand.

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