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European Central Bank cuts eurozone interest rates

Source: BBC

The European Central Bank (ECB) has cut interest rates for the sixth time in nine months as it seeks to bolster eurozone economic growth.The bank stuck to its plan to lower rates in the face of economic challenges, including threats of US tariffs and plans to boost European military spending.The ECB cut its main interest rate to 2.5% from 2.75%, and once again reduced its forecasts for economic growth in the…

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Read the original source at BBC