{"id":62344,"date":"2025-04-17T19:27:48","date_gmt":"2025-04-17T15:27:48","guid":{"rendered":"https:\/\/www.uaebarq.ae\/en\/?p=62344"},"modified":"2025-04-17T19:27:50","modified_gmt":"2025-04-17T15:27:50","slug":"european-central-bank-cuts-interest-rates-by-25-basis-points","status":"publish","type":"post","link":"https:\/\/www.uaebarq.ae\/en\/2025\/04\/17\/european-central-bank-cuts-interest-rates-by-25-basis-points\/","title":{"rendered":"European Central Bank cuts interest rates by 25 basis points"},"content":{"rendered":"\n<p>&nbsp;The European Central Bank (ECB) has announced a 25 basis point cut to its key interest rates, marking the seventh reduction since June last year, amid economic concerns heightened by tariffs imposed by US President Donald Trump.<\/p>\n\n\n\n<p>Following the decision by the ECB\u2019s Governing Council, the deposit facility rate \u2014 the bank\u2019s main interest rate \u2014 now stands at 2.25 percent.<\/p>\n\n\n\n<p>In its policy statement, the ECB noted a deterioration in growth prospects due to escalating trade tensions. ECB President Christine Lagarde said rising uncertainty could weaken confidence among households and businesses, warning that a negative and volatile market response to trade tensions could tighten financial conditions.<\/p>\n\n\n\n<p>Nevertheless, Lagarde affirmed that the ECB\u2019s efforts to curb inflation remain on track.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp;The European Central Bank (ECB) has announced a 25 basis point cut to its key interest rates, marking the seventh reduction since June last year, amid economic concerns heightened by tariffs imposed by US President Donald Trump. Following the decision by the ECB\u2019s Governing Council, the deposit facility rate \u2014 the bank\u2019s main interest rate &hellip;<\/p>\n","protected":false},"author":4,"featured_media":62345,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,4],"tags":[],"class_list":["post-62344","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-economy","category-news"],"_links":{"self":[{"href":"https:\/\/www.uaebarq.ae\/en\/wp-json\/wp\/v2\/posts\/62344","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.uaebarq.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.uaebarq.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.uaebarq.ae\/en\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.uaebarq.ae\/en\/wp-json\/wp\/v2\/comments?post=62344"}],"version-history":[{"count":1,"href":"https:\/\/www.uaebarq.ae\/en\/wp-json\/wp\/v2\/posts\/62344\/revisions"}],"predecessor-version":[{"id":62346,"href":"https:\/\/www.uaebarq.ae\/en\/wp-json\/wp\/v2\/posts\/62344\/revisions\/62346"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.uaebarq.ae\/en\/wp-json\/wp\/v2\/media\/62345"}],"wp:attachment":[{"href":"https:\/\/www.uaebarq.ae\/en\/wp-json\/wp\/v2\/media?parent=62344"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.uaebarq.ae\/en\/wp-json\/wp\/v2\/categories?post=62344"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.uaebarq.ae\/en\/wp-json\/wp\/v2\/tags?post=62344"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}