ECB Ends Rate Cuts After Eighth Reduction, Signals Stable Policy
TL;DR Summary
The European Central Bank (ECB) has cut its benchmark interest rate to 2%, signaling the possible end of its rate-cutting cycle after seven consecutive reductions, amid economic uncertainty and global trade tensions. ECB President Christine Lagarde indicated that the bank is in a good position to manage the economy and may pause rate cuts, with inflation forecasted to reach 2% this year and growth expected to remain modest.
- ECB eyes end to cuts after trimming key interest rate to 2% DW
- ECB Cuts Rates for Eighth Time, Widening Gap With Fed WSJ
- European Central Bank trims interest rates after inflation dips below target CNBC
- Europe cuts interest rates again, day after Trump renews attacks on the Fed CNN
- ECB rate decision as it happened: 'We are in a good position,' Lagarde says after cutting rates to 2% Reuters
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