International Economic

ECB cuts, says trade uncertainty is 'significant'

By Alexander Bueso

Date: Thursday 05 Jun 2025

(Sharecast News) - The European Central Bank went ahead and cut interest rates for an eighth consecutive time, lowering its deposit rate by 25 basis points to 2.0%, and cut its short and medium-term inflation forecasts.
However, rate-setters in Frankfurt described the current level of uncertainty as "significant" and said that...

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