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@ tzongocu
2025-06-05 17:01:23
📰 News Alert...
🔖 Title: ECB Lowers Key Interest Rate Amidst Trade Concerns and Economic Slowdown
🗓️ Published: 2025-06-05T20:01:20+03:00
📄 Summary: The European Central Bank (ECB) has announced a reduction of its key interest rate to 2%, marking the eighth consecutive cut. This significant move is aimed at safeguarding the eurozone economy from increasing pressure due to US trade policies and a decline in domestic demand. The ECB hopes this strategy will mitigate potential risks and stimulate growth in a challenging economic environment.
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https://timesofindia.indiatimes.com/business/international-business/ecb-trims-rates-cuts-benchmark-rates-by-25-bps-amid-trump-tariff-risks-growth-path-now-hinges-on-trade-talks/articleshow/121653174.cms
🗞️ Source: TOI Business Desk
💓 #EconomicPolicy #ECBLowerRates #EurozoneChallenges