The European Central Bank has cut interest rates by another quarter percentage point, lowering credit costs for consumers and businesses.
The sun has set behind the European Central Bank, right, in Frankfurt, Germany, Wednesday, March 5, 2025, the day before the meeting of the ECB's governing council. Video‘Stop this program right now’: Regina city councillor hoping to halt addition of fluoride to city’s waterVideoSouth Korean fighter jets accidentally drop bombs, injuring 8 peopleStatistics Canada reports $4B merchandise trade surplus for JanuaryThe world has moved on.
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European Central Bank cuts rates by another quarter point as possible trade war loomsFRANKFURT, Germany (AP) — The European Central Bank has cut interest rates by another quarter percentage point, lowering credit costs for consumers and businesses to support an economy that is struggling to show solid growth.
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European Central Bank to cut interest rates even as trade wars, defence spending cloud outlookInterest rates are slowly approaching a level that no longer restricts economic growth, which might normally herald an end to the easing cycle
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Bank of Canada's Tiff Macklem says tariff threat adds to central bank challengesBank of Canada governor Tiff Macklem says central banks face an increasingly difficult job as the country faces a maelstrom of potential U.S. tariffs, technological disruptions, extreme weather and global political upheaval.
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Bank of Canada Governor Sees 'Harder Choices' for Central Banks Amid Global UncertaintyBank of Canada Governor Tiff Macklem warns of increasing challenges for central banks due to global factors like potential U.S. tariffs, technological disruptions, extreme weather, and political instability. Macklem highlights the impact of trade tensions on Canadian and Mexican businesses and the need to carefully balance inflation pressures and economic growth. He emphasizes the limitations of monetary policy in addressing structural challenges and stresses the importance of transparency and accountability for central banks facing criticism and scrutiny.
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Australian central bank cuts benchmark interest rate for the first time since October 2020MELBOURNE, Australia (AP) — Australia’s central bank on Tuesday reduced its benchmark interest rate for the first time since October 2020 as the nation’s inflation cools.
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Gold Prices Surge to Record Highs Amid US Policy Uncertainty and Central Bank DemandGold prices hit unprecedented levels in January, driven by investor concerns over U.S. policy disruptions and central bank buying. The World Gold Council attributes the rally to a confluence of factors, including heightened geopolitical risks, improving gold ETF inflows, and rekindled inflation concerns.
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