The European Central Bank (ECB) has once again reduced interest rates, this time to 2.25%, in response to the ongoing trade tensions and tariff uncertainties. This decision comes as the ECB warns of a ‘deteriorated’ growth outlook due to erratic U.S. trade policies. The move is aimed at supporting the economy during these challenging times. This action by the ECB has also fueled U.S. President Donald Trump’s criticism toward the Federal Reserve’s Chairman Jerome Powell for not taking similar measures.
— new from Barron’s