Reported 2 days ago
The European Central Bank (ECB) is expected to cut interest rates for the eighth time on Thursday as the economy performs better than expected despite ongoing inflation concerns and U.S. tariff uncertainties. Economists predict a quarter-point reduction to 2%, with a pause likely in July. The ECB faces challenges from trade tensions, and while forecasts may show slight downward revisions in inflation estimates, the resilience of the eurozone's economy will be a crucial consideration in its approach to policy moving forward.
Source: YAHOO