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ECB Cuts Interest Rates Again Amid Trump Tariff Woes
Financial Express Kolkata
|April 18, 2025
Deposit rate cut to 2.25% from 2.50%
The European Central Bank cut interest rates for the seventh time in a year on Thursday and warned that economic growth will take a big hit from US tariffs, bolstering bets for even more policy easing in the months ahead.
The ECB has taken borrowing costs to their lowest level since late 2022 as the sharp post-pandemic inflation spike has largely disappeared and fast-moving changes to trade policies sap business confidence and depress growth.
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