The European Central Bank (ECB) announced its seventh interest rate cut within a year, aiming to support the eurozone economy amid challenges posed by global trade tensions and sluggish growth. ​Reuters+1

Topic in-depth

📊Key Facts:

• ECB Action: Seventh rate cut in 12 months
• Policy Stance: Dovish, with potential for further easing
• Market Impact: Euro weakened; European stocks showed mixed reactions ​Reuters WRAL.com+5Reuters+5Reuters+5

🔗 Read More:

• Reuters
• Bloomberg