Lower inflation and concern that U.S. President Donald Trump's trade war will slow already modest growth have cleared the way for the European Central Bank to cut interest rates at Thursday's policy meeting,

The European Central Bank cut interest rates by a quarter-percentage point again on Thursday, the latest attempt to help a euro area economy hit by the President Trump's trade war. Why it matters: Trade negotiations between the U.

The Russian central bank cut its key interest rate by one percentage point to 20%, its first easing since September 2022, in a surprise move on Friday.