European Central Bank set to cut rates for the fourth time in a row in a bid to lower inflation—despite Trump’s threat on the bloc

Quick Summary:

The central bank hiked interest rates repeatedly from 2022 to tame soaring inflation, but is now bringing them back down as price rises slow and the eurozone economy looks weak.

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Article Details

Author / Journalist: Sam Reeves, AFP

Category: EconomyBusiness

Markets: United States

Topics: European Central Bank Donald Trump LondonWires Protectionism Interest Rates

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-27 @ 10:41:23 (3 days ago)

News Timezone: GMT +8:00

News Source URL: fortune.com

Language: English

Article Length: 30 words

Reading Time: 1 minutes read

Sentences: 4 lines

Sentence Length: 8 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Fortune

News ID: 25496720

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Main Topics: EconomyBusiness

Official Website: fortune.com

Update Frequency: 36 posts per day

Year Established: 1929

Headquarters: United States

News Last Updated: 9 hours ago

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