European Central Bank cuts interest rates, warns of 'deteriorated' growth outlook on trade tensions
Publishing timestamp: 2025-04-17 10:17:36
Summary
ECB cuts interest rates by 25 basis points due to global tariff turmoil and uncertainty, with further cuts expected in the future. The decision was unanimous and ECB President Christine Lagarde emphasized the exceptional uncertainty in the economic outlook. Markets were slightly lower ahead of the decision, with European markets in negative territory.
Sentiment: MIXED
Tickers: FR10Y-FR, .FTMIB, DE10Y-DE, FR2Y-FR, .GDAXI, .STOXX, .FCHI, DE2Y-DE,
Keywords: breaking news: markets, breaking news: europe, economy, prices, interest rates, central banking, business news,
Source: https://www.cnbc.com/2025/04/17/european-central-bank-interest-rate-decision-april-2025.html