ECB cuts rates again as Trump tariffs weigh on economic outlook

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ECB cuts rates again as Trump tariffs weigh on economic outlook  The European Central Bank cut its benchmark interest rate by a quarter point to 2.25% on Thursday as threats to growth outweigh inflationary concerns.  READ MORE : http://www.euronews.com/2025/04/17/ecb-cuts-rates-again-as-trump-tariffs-weigh-on-economic-outlook  Subscribe to our channel. Euronews is available on Dailymotion in 12 languages

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00:00The European Central Bank cut interest rates for the seventh time this year

00:05to counter-worries about economic growth fueled by geopolitical tensions.

00:13Citing Russia's invasion of Ukraine and conflict in the Middle East,

00:17the benchmark interest rate was cut by a quarter of a point.

00:23The major escalation in global trade tensions and associated uncertainties

00:28will likely lower euro area growth by dampening exports.

00:35And it may drag down investment and consumption.

00:42The bank's decision comes as global trade tensions,

00:45driven by US President Donald Trump's tariff,

00:48pose a risk to eurozone growth,

00:50adweighing concerns of an inflationary spike.

00:58The US President since COVID-19 is expected and the science to bridge part

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