ECB cuts rates again as trade tensions hit eurozone outlook

The European Central Bank has cut its deposit rate for the sixth meeting in a row, lowering it by 0.25 percentage points to 2.25% in an effort to manage mounting economic pressures. The decision, made unanimously by the ECB’s governing council, comes amid heightened uncertainty as an escalating trade war with the US casts a long shadow over the eurozone’s economic prospects. The ECB also adjusted its policy messaging, dropping previous language about policy becoming “less restrictive” as rates approach neutral levels. Read the full article to explore what could be next for eurozone rates....