ECB cuts rates a quarter point amid concerns of tepid growth, impact of Trump trade policies

The European Central Bank is cutting interest rates by a quarter percentage point amid signs of weakening growth and concern about the impact of political chaos in France and the possibility of new U.S. import tariffs

Topics

ECB lowers rates to 3% and paves way for more cuts

Growth forecasts pared back as bank’s president Christine Lagarde says some decision makers wanted larger reduction
Financial Times - 9m
ECB Cuts Interest Rates as the Economy Weakens

The bank has been lowering rates since June as inflation slowed, but other risks are growing, including the threat of higher tariffs promised by President-elect Donald J. Trump.
The New York Times - 2h
Swiss National Bank takes leap with 50-basis-point interest rate cut amid franc strength

The Swiss National Bank on Thursday cut its key interest rate by 50 basis points, exceeding expectations of a smaller trim.
CNBC - 4h
Ontario premier says US energy exports will be cut off if Trump imposes sweeping tariffs on Canada

The premier of Canada’s most populous says he will cut off energy to the United States if President-elect Donald Trump imposed sweeping tariffs on all Canadian products
ABC News - 12h
How fast will the ECB lower interest rates?

Market Questions is the FT’s guide to the week ahead
Financial Times - 4d
Trade war fallout could trigger deep Eurozone rate cuts, Pimco warns

Bond giant says euro is vulnerable to further declines amid market ‘optimism’ over impact of Trump presidency
Financial Times - 4d
Australia's third-quarter GDP grows at a slower-than-expected 0.3% amid higher rates and sticky inflation

Australia's economy grew at slower than expected in the third quarter, as elevated borrowing costs and sticky inflation continued to weigh down on the slowing economy.
CNBC - Dec. 4

ECB cuts rates a quarter point amid concerns of tepid growth, impact of Trump trade policies

Topics

Related

ECB lowers rates to 3% and paves way for more cuts

ECB Cuts Interest Rates as the Economy Weakens

Swiss National Bank takes leap with 50-basis-point interest rate cut amid franc strength

Ontario premier says US energy exports will be cut off if Trump imposes sweeping tariffs on Canada

How fast will the ECB lower interest rates?

Trade war fallout could trigger deep Eurozone rate cuts, Pimco warns

Australia's third-quarter GDP grows at a slower-than-expected 0.3% amid higher rates and sticky inflation

More from ABC News

Bolivia extradites former anti-narcotics chief to the US to face drug trafficking charges

2 men deny charges of helping Hong Kong gather intelligence in UK

France's Macron and Poland's Tusk insist Ukraine must be at the heart of any potential peace talks

Somaliland's new president is sworn in after elections that boosted region's drive for recognition

Brazil's Lula undergoes a second procedure to stop brain bleed