European Central Bank expected to cut eurozone interest rates today after inflation falls – business live
Thursday, 5 June 2025 () Rolling coverage of the latest economic and financial news Good morning, and welcome to our rolling coverage of business, the financial markets and the world economy. Interest rates across the eurozone are likely to be cut today, as the European Central Bank attempts to support the euro economy as…
India's central bank cuts interest rates more than expected, citing muted inflation and a need to kickstart economic growth as the impact of US tariffs weighs on the country's outlook. The Reserve Bank of India lowers the benchmark repo rate, the level at which it lends to commercial banks, by 50...
On May 19, the UK and EU signed a pivotal trade deal aimed at slashing post-Brexit barriers in food, drink, and small business exports. UK-EU trade has suffered since Brexit, with UK exports to the EU..
Chancellor Rachel Reeves has welcomed the cut to interest rates announced by the Bank of England. Interest rates have gone from 4.5% to 4.25%. Ms Reeves said: "We have had four interest rate cuts now..
The Bank of England has cut interest rates from 4.5% to 4.25%. Shadow chancellor Mel Stride reacted to the news, claiming Labour's policies have prevented higher cuts to interest rates. Report by..
Thursday, 5 June 2025 ()
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