European Central Bank Cuts Interest Rates Amidst Cooling Inflation =============== #e27004a0 ver:1.01 The European Central Bank (ECB) has cut interest rates for the first time in five years, responding to cooling inflation caused by geopolitical tensions and supply chain issues. The rate cut is seen as appropriate by the IMF, but the ECB is cautious about further cuts. Traders have scaled back bets on more rate cuts this year, while increasing expectations of easing by the US Federal Reserve. The shifting outlook may lead to lagging euro zone government bonds and a stronger euro. #ECB #interestrates #inflation #economy... #newstr #EuropeanCentralBank #InterestRates #Inflation #Eurozone #FederalReserve #ChristineLagarde #BankOfCanada https://here.news/story/e27004a0?ver=1.01