• For a sixth consecutive time, the ECB implemented interest rate cuts
• The institution lowered the deposit facility rate to 2.25%, main refinancing operations rate to 2.4%, and marginal lending facility rate to 2.65%
• Europe’s largest trade relationship is with the US, involving a daily flow of about $5 billion in goods and services

Today, the European Central Bank (ECB) implemented its sixth consecutive interest rate cut, reducing key rates by 25 basis points to address the rising economic challenges in the eurozone. This includes lowering the deposit rate to 2.25%, main refinancing operations rate to 2.4%, and marginal lending facility rate to 2.65%.

The ECB’s rate cut occurs against a backdrop of escalating global trade tensions, particularly following US President Donald Trump’s announcement of new tariffs on imported goods, including a proposed 20% tariff on European Union products. This was paused for 90 days, but the risk it could still go into effect worries European leaders.

ECB President Christine Lagarde highlighted that these developments pose a big risk to Eurozone growth, with the potential to dampen exports, investment, and consumption. She emp…

The post ECB Cuts Key Interest Rates by 25 Basis Points for Sixth Consecutive Time appeared first on Coin Edition.

• For a sixth consecutive time, the ECB implemented interest rate cuts
• The institution lowered the deposit facility rate to 2.25%, main refinancing operations rate to 2.4%, and marginal lending facility rate to 2.65%
• Europe’s largest trade relationship is with the US, involving a daily flow of about $5 billion in goods and services

Today, the European Central Bank (ECB) implemented its sixth consecutive interest rate cut, reducing key rates by 25 basis points to address the rising economic challenges in the eurozone. This includes lowering the deposit rate to 2.25%, main refinancing operations rate to 2.4%, and marginal lending facility rate to 2.65%.

The ECB’s rate cut occurs against a backdrop of escalating global trade tensions, particularly following US President Donald Trump’s announcement of new tariffs on imported goods, including a proposed 20% tariff on European Union products. This was paused for 90 days, but the risk it could still go into effect worries European leaders.

ECB President Christine Lagarde highlighted that these developments pose a big risk to Eurozone growth, with the potential to dampen exports, investment, and consumption. She emp…

The post ECB Cuts Key Interest Rates by 25 Basis Points for Sixth Consecutive Time appeared first on Coin Edition.