17/4/2025, 6:21:02 pm

ECB cuts rates by 25 bps again

The European Central Bank cut interest rates for the seventh time in a year, lowering the deposit rate by 25 basis points to 2.25%, amid U.S. tariff threats and slowing growth. The ECB warned that trade tensions could reduce confidence and tighten financing conditions, potentially cutting euro zone growth by half a percentage point.