European Central Bank to make 'last easy rate cut' as tariffs, higher fiscal spending loom

• 

  Inflation eases to 2.4% in Europe, supporting likely central bank rate cut

  Inflation in Europe eased to 2.4% in February, supporting the case for another interest rate cut from the European Central Bank but leaving open how far the central bank will go in lowering ...
  
  ABC News - 2d
• 

  Bank of England rate setter warns of higher UK inflation risk driven by wages

  Deputy governor Dave Ramsden says interest rate cuts must be gradual
  
  Financial Times - 5d

• Weekly mortgage demand surges 20% higher, after interest rates drop to the lowest since last year

  Mortgage demand rallied last week after interest rates dropped to the lowest level since December 2024.
  
  CNBC - 13h

• No ‘golden age’ is coming. Trump’s tariffs will hit Americans with higher interest rates and more inflation.

  Protectionism won’t make us rich — especially if tariffs launch a trade war.
  
  MarketWatch - Feb. 25
• 

  DOGE Quietly Deletes the 5 Biggest Spending Cuts It Celebrated Last Week

  The cuts, highlighted on an earlier version of the “wall of receipts” posted by Elon Musk’s team, contained mistakes that vastly inflated the amount of money saved.
  
  The New York Times - Feb. 25

• Bank of Korea slashes rates to lowest since August 2022 on economic worries, cuts growth forecast

  The Bank of Korea cut rates to 2.75% from 3%, in line with expectations from economists polled by Reuters, trimming rates for the third time in four meetings.
  
  CNBC - Feb. 25
• 

  U.S. Economy Shows Signs of Strain From Trump’s Tariffs and Spending Cuts

  Consumer and business sentiment is wobbling as fiscal support fades and fears rise that tariffs will lead to higher prices.
  
  The New York Times - 6d

• How do Americans feel about inflation, tariffs, spending cuts?

  President Trump is expected to lay out his legislative priorities during his address to Congress tonight. CBS News polling has some insights on what Americans want to see from lawmakers. CBS News ...
  
  CBS News - 1d

• Fed’s Logan backs shortening maturity of central bank’s balance sheet

  Dallas Fed President Lorie Logan on Tuesday backed a plan to change the composition of the Fed’s secondary-market purchases of Treasury securities so that the central bank’s holdings match the ...
  
  MarketWatch - Feb. 25

More from CNBC

• 'Tariff war, a trade war or any other type of war' — China says it's ready to fight U.S. until the end

  Beijing announced Tuesday additional tariffs as high as 15% on certain U.S. goods, starting from March 10 and a series of new export restrictions for designated U.S. entities.
  
  CNBC - 1h

• Amazon's cloud unit forms agentic AI group

  Swami Sivasubramanian, who has run Amazon Web Services' database business, will lead a new group focused on agentic AI.
  
  CNBC - 2h

• Japanese 10-year bond yields surge to near 16-year highs on rate-hike expectations, global sell-off

  The 30-year bond also crossed the 2.5% mark for the first time since 2008.
  
  CNBC - 2m

• Appeals court allows Trump administration to remove ethics watchdog Dellinger — for now

  The Supreme Court is likely to determine whether President Donald Trump can fire Hampton Dellinger as head of the Office of Special Counsel.
  
  CNBC - 2h

• MongoDB shares sink after company issues weak guidance

  MongoDB's earnings forecast for the 2026 fiscal year came in well below Wall Street expectations.
  
  CNBC - 3h

More in Business

• Japanese 10-year bond yields surge to near 16-year highs on rate-hike expectations, global sell-off

  The 30-year bond also crossed the 2.5% mark for the first time since 2008.
  
  CNBC - 2m
• 

  Trump hands carmakers 1-month reprieve from tariffs

  Carve-out applies to companies operating through US-Mexico-Canada trade pact
  
  Financial Times - 2m

• Trump hates the Biden-era Chips Act. What’s next for semiconductor makers?

  Intel is viewed as “being left on the side of the road” by the Trump administration.
  
  MarketWatch - 51m

• Why ‘Trump Turmoil’ has made a U.S. recession much more likely

  Instead of rapid-fire trade deals, Trump has triggered a trade war.
  
  MarketWatch - 58m

• 'Tariff war, a trade war or any other type of war' — China says it's ready to fight U.S. until the end

  Beijing announced Tuesday additional tariffs as high as 15% on certain U.S. goods, starting from March 10 and a series of new export restrictions for designated U.S. entities.
  
  CNBC - 1h