European Central Bank Slashes Benchmark Rate by 0.25% to Revive Stagnant Economy
European central bank cuts Interest Rates Amid Economic Stagnation and Political Turmoil FRANKFURT, Germany — The European Central Bank (ECB) has taken decisive action to stimulate the eurozone’s faltering economy, cutting it’s key interest rate by a quarter percentage point to 2.75%.This move comes as the region grapples with stagnant growth, cautious consumers, and political … Read more