https://www.taxtmi.com/news?id=32034 The European Central Bank reduced its key policy interest rate by a quarter point to support growth amid zero eurozone GDP expansion and moderating inflation, aiming to make borrowing cheaper while acknowledging the inflationary risk of easing. The measure responds to weakness concentrated in Germany, reduced consumer spending after elevated inflation, political uncertainty in major member states, and external trade risks that together constrain the near-term outlook and complicate policy trade-offs. en-us Thu, 30 Jan 2025 21:16:03 +0530 Thu, 30 Jan 2025 21:16:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=32034 The European Central Bank reduced its key policy interest rate by a quarter point to support growth amid zero eurozone GDP expansion and moderating inflation, aiming to make borrowing cheaper while acknowledging the inflationary risk of easing. The measure responds to weakness concentrated in Germany, reduced consumer spending after elevated inflation, political uncertainty in major member states, and external trade risks that together constrain the near-term outlook and complicate policy trade-offs. News - Thu, 30 Jan 2025 21:16:03 +0530 https://www.taxtmi.com/news?id=32034