The European Central Bank cut interest rates Thursday, moving before the US Federal Reserve and the Bank of England to lower borrowing costs as inflation recedes following years of rate hikes.The first ECB rate cut in nearly five years takes the benchmark rate in the 20 countries that use the euro down to 3.75% from an all-time high of 4%, where it had stood since September.
Things will get better, Its a dominoe effect, more countries will follow.
The European Central Bank cut interest rates Thursday, moving...
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