ECB Likely To Cut Rates Again As Trump’s Tariff Shocks Reverberate

Quick Summary:

The European Central Bank (ECB) is widely expected to cut interest rates again on Thursday, reversing its earlier signal to pause after a string of reductions, as US President Donald Trump’s erratic tariff policies throw global trade and the eurozone’s recovery into uncertainty.

The negative implications of higher tariffs appear to outweigh the eurozone’s internal positives, including Germany’s spending plans.

President Trump imposed a blanket 10% tariff on all US imports earlier this month and announced even higher rates for specific sectors.

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Article Details

Category: EconomyBusiness

Markets: MalaysiaChinaGermany

Topics: Ecb News Eurozone Global EUROPEAN cENTRAL bANK

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-17 @ 03:08:48 (4 days ago)

News Timezone: GMT +8:00

News Source URL: businesstoday.com.my

Language: English

Article Length: 646 words

Reading Time: 4 minutes read

Sentences: 25 lines

Sentence Length: 26 words per sentence (average)

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Copyright Owner: © Business Today

News ID: 27959159

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