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of <h1>ECB Cuts Rates for 7th Time, Targeting Economic Stability Amid Global Trade Tensions and Low Growth</h1> The European Central Bank reduced interest rates for the seventh consecutive time, responding to economic growth concerns stemming from international trade tensions. The bank lowered its benchmark rate to 2.25%, citing 'exceptional uncertainty' about future economic conditions. With eurozone growth at 0.2% and inflation near 2.2%, the rate cut aims to support economic activity by making credit more affordable for consumers and businesses in the euro currency zone.
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