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ECB cuts interest rates to 2% in effort to boost flagging eurozone growth

Upworthy Thursday, 5 June 2025 ()
The European Central Bank has cut interest rates to 2% in an effort to boost flagging economic growth across the eurozone. The ECB, making its eighth quarter-point cut in a year, said the 20-member currency bloc needed a reduction in the cost of borrowing as it reeled from the damage caused by…
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Video Credit: AFP English - Published
News video: India's central bank cuts rates more than expected to boost growth

India's central bank cuts rates more than expected to boost growth 00:50

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...

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