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Home > Briefs > Global Risk > European Central Bank cuts interest rates for the seventh time as global trade tensions escalate

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

The European Central Bank has interest rates for the seventh time.

The European Central Bank has cut interests rate for the seventh time. The move comes amid increased economic uncertainty due to changes in United States’s trade policy. The bank had aimed to pause rate cuts but has changed policy due to the changing trade environment.

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https://apnews.com/article/europe-economy-rates-tariffs-d5db66fe8353571d2c88a27f9e916561