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International Business Times
International Business Times
Business
Sam Reeves

Amid Weak Eurozone And Political Turmoil, ECB To Cut Rates Again

ECB European Union eurozone Euro ING the European Central Bank Economy Christine Lagarde Inflation The United States
Investors will be hoping for clues about the future interest rate path from ECB President Christine Lagarde (Credit: AFP)

Faced with a stuttering economy, political turbulence in the eurozone and the prospect of renewed trade tensions with the United States, the European Central Bank is Thursday set to cut interest rates again.

It would be the ECB's third straight reduction as it increasingly focuses on spurring lending to boost consumer spending and business investment in the 20 countries that use the euro.

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