EUROPEAN CENTRAL BANK

Apr 17 2025FINANCE

Trade Turmoil: Europe's Economic Wobbles

The European Central Bank made a move on Thursday. They decided to lower interest rates. This was not a surprise. The economy has been shaky. There are many reasons for this. One big reason is the trade mess caused by the United States. The United States has been playing with tariffs. They have made it harder for other countries to sell things to them. This includes...

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Jan 31 2025FINANCE

The ECB’s New Move: Rates and Economy in Focus

Imagine you are in charge of Europe's finances. You have to decide whether to cut interest rates. If the cut is, then you are trying to get the economy going again as it is currently growing slowly. That's the picture in Europe. Recently the ECB cut the deposit facility rate to 2. 75%. Economists were expecting that to happen. The ECB is trying to keep...

reading time about 1 minute