ECB Cuts Interest Rates By 25 Basis Points Amid Global Trade Tensions
17 Apr 2025
The European Central Bank (ECB) on Thursday announced a 25-basis-point cut to its key interest rate, citing a deteriorating economic outlook driven by escalating global trade tensions, CNBC reported. The move, widely anticipated by financial markets, brings the ECB’s deposit facility rate down to 2.25%, a sharp decline from its...
Read More