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ECB lowers interest rate to 2.25% to protect Eurozone from U.S. trade policy impacts.
The European Central Bank (ECB) is set to lower its key interest rate to 2.25%, down from 2.5%, due to growing concerns over a potential recession linked to U.S. trade policies.
This move aims to cushion the Eurozone economy against the impact of new tariffs and global uncertainty.
The ECB expects that 25% tariffs on the Eurozone could reduce its GDP by 0.3% within a year.
The rate cut follows a series of reductions due to weak inflation and economic growth.
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El BCE baja la tasa de interés al 2.25% para proteger a la zona euro de los impactos de la política comercial de los EE.UU.