ECB warns of ‘headwinds' to Eurozone economy as it cuts rate to 2.75% Financial TimesEuropean Central Bank Cuts Interest Rates as Economic Growth Stagnates The New York TimesEurope markets higher after ECB rate cut; Deutsche Bank down 4% on profit miss CNBCECB decision live: Rates cut to 2.75%, Lagarde says tariffs will have 'global negative impact' Reuters
The European Central Bank on Thursday cut interest rates by a quarter of a percentage point, saying it expects inflation to fall back to its target later in the year and signaling that further easing is likely in coming months.