Amid weak eurozone and political turmoil, ECB to cut rates again …C0NTINUE READING HERE >>>
Storm clouds have been gathering over the eurozone economy.
Photo: Daniel ROLAND / AFP
Source: AFP
Faced with a stuttering economy, political turbulence in the eurozone and the prospect of renewed trade tensions with the United States, the European Central Bank is Thursday set to cut interest rates again.
It would be the ECB’s third straight reduction as it increasingly focuses on spurring lending to boost consumer spending and business investment in the 20 countries that use the euro.
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