European central bank cuts interest rates amid looming trade war, growth concern
Thursday, 6 March 2025 () The European Central Bank has cut interest rates by 25 basis points to 2.5% to boost economic activity in the eurozone. Amid low inflation and stagnant growth, the ECB aims to ease borrowing costs for consumers and businesses. Increased defence spending and potential US trade tariffs add uncertainty to future economic outlook.
China has set an annual growth target of around five percent, vowing to make domestic demand its main economic driver as an escalating trade war with the United States hit Beijing's exports.
The Bank of England has cut interest rates to 4.5%, down from 4.75%. That means the interest rate is at its lowest level since June 2023, meaning the cost of borrowing has fallen to its lowest point in..
The European Union has strongly responded to President Donald Trump’s warning about tariffs, vowing to retaliate if the US imposes new trade barriers. Trump’s administration is set to target the EU..
The Supreme Court has directed the Central Forensic Science Laboratory (CFSL) to submit a forensic report on the alleged audio recording purportedly featuring Manipur Chief Minister N. Biren Singh. The..
The European Central Bank is set to cut interest rates again on Thursday in what is likely to be its last easy decision for a while as trade wars and rearmament... Upworthy
European Central Bank cuts interest rates again The European Central Bank (ECB) has cut interest rates for the sixth time in nine months as it seeks to bolster... Upworthy