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European Central Bank poised to cut rates amid global tariff turmoil
The European Central Bank is widely expected to trim interest rates for the third time this year as global tariff tensions and uncertainty threaten the euro zone's economic growth. A quarter-point cut would take the ECB's deposit facility rate, its key rate, to 2.25% — down from a high of 4% toward the middle of 2023.
With the Federal Reserve's policy meeting out of the way, the central bank spotlight now turns to some of its European counterparts - the Bank of England, the Swiss National Bank and the ...
As the European Central Bank's deposit rate comes down and its bond holdings gradually decline, future losses would progressively decrease in the coming years, the central bank said. "We ...
The European Central Bank (ECB) has cut interest rates for the sixth time in nine months as it seeks to bolster ...
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