European Central Bank Cuts Interest Rates Amid Growth Concerns
The European Central Bank (ECB) has announced a 0.25 percentage point cut in its key interest rates, bringing them down to 3%. This move comes in response to mounting concerns over slowed economic growth across the eurozone. The decision reflects the ECB's efforts to stimulate investment and consumer spending amid increasing signs of economic strain.
Recent data has highlighted weakened business activity, exacerbated by ongoing geopolitical tensions and uncertainty surrounding U.S. trade policies. Additionally, political instability within Europe has further dampened investor confidence, intensifying pressure on the central bank to