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ECB cuts rates as bets build on a summer pause

Frankfurt | The European Central Bank cut interest rates, as expected, on Thursday and kept all options on the table for its next meetings even as the case grows for a summer pause in its year-long easing cycle.

The ECB has now lowered borrowing costs eight times, or by 2 percentage points since last June, seeking to prop up a euro zone economy that was struggling even before erratic US economic and trade policies dealt it further blows.

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Reuters

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    Original URL: https://www.afr.com/world/europe/ecb-cuts-rates-as-bets-build-on-a-summer-pause-20250605-p5m5cq