From Yahoo Finance: 2025-05-08 08:31:00

Europe’s central banks cut interest rates amid U.S. Federal Reserve’s steady stance. Tariffs threaten U.S. inflation surge, while global trade war impacts rest of world with slower inflation. Bank of England, Sweden’s Riksbank, and Norway’s Norges Bank hint at rate cuts due to tariff threats to growth. ECB prepares for eighth rate cut in 13 months.

Fed warns of potential inflation and unemployment increase from turbulence, delaying clear policy guidance. Bank of England cuts key rate, citing tariff-induced uncertainty and global growth concerns. Norway and Sweden hint at policy easing. Central banks lack tools for rapid trade shocks primarily affecting supply, aim to maintain financial market confidence and prevent inflationary impacts from tariffs.



Read more at Yahoo Finance: Central banks in Europe keep easing on the agenda even as Fed stays firmly on hold