ECB Cuts Interest Rates Again Amid U.S. Pressure for Action

Reported 1 day ago

The European Central Bank (ECB) has lowered interest rates for the eighth consecutive time, diverging from the U.S. Federal Reserve's steady rates. This decision comes amid criticism from President Trump, who urges the Fed to follow the ECB's lead to stimulate economic growth. The ECB's focus is influenced by the uncertainties of international tariffs that could impact growth and inflation in Europe.

Source: YAHOO

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