The European Central Bank cut interest rates as expected on Thursday but hinted at a pause in its year-long easing cycle after inflation finally returned to its 2% target. The ECB has lowered borrowing costs eight times,

The European Central Bank lowered interest rates again on Thursday, as widely expected. It may add to President Donald Trump’s frustration with Federal Reserve Chair Jerome Powell. Trump on Wednesday said Powell should be cutting rates now,

The European Central Bank cut its key interest rate to the lowest level since early 2023, a response to slowing inflation and threats to growth from President Trump’s trade war. The move deepens a divergence with the U.