ECB set for 7th rate cut again as Donald Trump trade war rumbles on
Monday, 2 June 2025 () The European Central Bank is expected to announce its seventh consecutive interest rate cut amidst a struggling eurozone economy. Concerns over economic performance outweigh inflation worries, exacerbated by US President Trump's fluctuating trade policies. HSBC anticipates the rate reduction following recent US tariff announcements. While a quarter-point decrease is expected, analysts suggest a pause in July to evaluate economic trends.
Tensions are boiling over as top U.S. officials land in London for a high-stakes trade showdown with global consequences. U.S President Donald Trump announces urgent talks with U.K. leaders amid..
U.S. President Donald Trump and Chinese President Xi Jinping held a 90-minute phone call focused “almost entirely on trade,” marking their first direct contact since the U.S. imposed new..
Donald Trump has revealed details of a “very good” phone call with Chinese President Xi Jinping, signaling a thaw in U.S.-China tensions. Trump said the two leaders have invited each other for..