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 European Central Bank (ECB) has cut its key interest rate for the eighth time in just over a year as it warned about continuing pressure on the eurozone from Donald Trump's tariffs. The main rate has been reduced from 2.