From Yahoo Finance: 2025-04-17 08:20:00

The European Central Bank cut interest rates for the seventh time in a year to 2.25% in response to weak economic growth, U.S. tariffs, and faltering business confidence. The bank cited uncertainty, reduced confidence, and adverse market responses to trade tensions as factors that may further weigh on the euro area’s economic outlook. Financial markets expect more rate cuts due to market volatility, tariffs, and economic uncertainty. Lagarde predicts a growth hit of up to 0.5 percentage points and eased inflation pressures since March due to a stronger euro and lower energy costs.



Read more at Yahoo Finance: ECB cuts rates as tariffs to hits already weak growth