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The Independent UK
The Independent UK
National
David McHugh

European Central Bank cuts interest rates for the seventh time as global trade tensions escalate

Donald Trump Euro Europe Interest Rates the European Central Bank Christine Lagarde Economic Growth White House
Europe-Economy - ((c) Copyright 2025, dpa (www.dpa.de). Alle Rechte vorbehalten)

The European Central Bank cut interest rates Thursday for the seventh time to counter worries about economic growth fueled by President Donald Trump’s tariff onslaught.

The bank’s move should support economic activity in the 20 countries that use the euro currency by making credit more affordable for consumers and businesses.

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