मैगज़्टर गोल्ड के साथ असीमित हो जाओ
10,000 से अधिक पत्रिकाओं, समाचार पत्रों और प्रीमियम कहानियों तक असीमित पहुंच प्राप्त करें सिर्फ
कोशिश गोल्ड - मुक्त
Bank cuts rates again
Hull Daily Mail
|April 18, 2025
THE European Central Bank has cut interest rates for the seventh time in a row to counter worries about economic growth fuelled by President Donald Trump's tariff onslaught.
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The bank said in a statement that "the outlook for growth has deteriorated due to rising trade tensions".
It cited "exceptional uncertainty" about the future economic situation, saying future rate decisions would be taken on a meeting by meeting basis.
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 businesses.
The bank's rate-setting council decided at a meeting in Frankfurt to lower its benchmark rate by a quarter percentage point to 2.25%.
The bank has been steadily cutting rates after raising them sharply to combat an outbreak of inflation from 2022 to 2023.
यह कहानी Hull Daily Mail के April 18, 2025 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
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