The European Central Bank cut interest rates Thursday for the seventh time to counter worries about economic growth fueled by President Donald Trump’s tariff onslaught. The bank’s move should support economic activity in the 20 countries that use the euro currency by making credit more affordable for consumers and

The European Central Bank cut its main interest rate to 2.25% from 2.5% Thursday, citing worries about rising trade tensions as Donald Trump’s tariffs have sparked a global trade war. The ECB said in a statement Thursday that,

Traders saw the all-clear on Thursday from the European Central Bank to bet on even steeper interest rate cuts ahead, confident the central bank will ease policy further if trade tensions dent a fragile economy.