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ECB cuts rate for eighth time
The Chronicle
|June 06, 2025
THE European Central Bank has cut its benchmark interest rate for an eighth time, aiming to support businesses and consumers with more affordable borrowing as US president Donald Trump's trade war threatens to slow already tepid growth.
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The bank's rate-setting council cut interest rates by a quarter of a point yesterday at the bank's skyscraper headquarters in Frankfurt.
Dit verhaal komt uit de June 06, 2025-editie van The Chronicle.
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