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Frankfurt (Reuters) – European Central Bank cut interest rates as expected on Thursday, US tariffs and favorable businesses in the last year’s weak economic growth.
The central bank of 20 nations sharing the euro on the goal of the inflation was good, and the deposit of 20 to 2.25% lowered by Reuters to 2.25%.
In addition, there are several factors to increase the fixtures of several factors, as the percentage rates are “meaningful limiting” and reduced a previous assessment.
“Increased uncertainty likely to reduce the confidence between households and companies and trade tensions are likely to have a stronger impact on the financing conditions of the market.”
“These factors can take more economic outlook for the euro area,” Ecb said.
The change, interest rates are now a stimulating level of “neutral degree”, nor the economic growth of the ECB’s “neutral rate”.
The bank has previously put this range from 1.75% to 2.25%, but claimed that politicians are conceptual, but have not been connected to a daily police prisoner.
However, the bank’s former management, the definfration process is good, he said.
Financial markets still expend to be reduced at least two percent more percentage of ECB this year, and even see a third movement, because the financial market is likely to weaken the volatility, tariffs and economic uncertainty, growth and eventually inflation.
However, ECB protects the standard line that continues its future decision, the next decision will depend on the evolution of the following information and the approach of the meeting will be followed by the meeting.
Nevertheless, talking at 1245 GMT press conference, the bloc is likely to say that the economic growth is likely to grow a big shot, and the value of confidence will be a meaningful effect.
Before he predicted an increase in an increase in an increase in an increase in the 0.5 percent point, the unit of the unit to expand the block.
Lagarde can also argue since the March meeting of inflationary pressures, ECB’s march session, a strong strong euro, energy costs and more silent growth prospects.
Also, it can also force goods in other markets in China, as well as to cut goods in other markets in China, as likely to be severed than thinking quickly and inflation.
(Report by Balazs Koryani; Regulation by Catherine Evans)