ECB set for 7th rate cut again as Donald Trump trade war rumbles on

added a post in Business

2025-06-02 05:07:10 -

The European Central Bank is expected to announce its seventh consecutive interest rate cut amidst a struggling eurozone economy. Concerns over economic performance outweigh inflation worries, exacerbated by US President Trump's fluctuating trade policies. HSBC anticipates the rate reduction following recent US tariff announcements. While a quarter-point decrease is expected, analysts suggest a...

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