The European Central Bank cut its key interest rate by a quarter point, as it rushes to brace a stagnant economy against President Trump’s threatened tariffs. Read more:

The European Central Bank is cutting its key interest rate, a step to boost an economy that’s struggling to grow as consumers burned by inflation warily eye price tags and businesses try to chart a course amid political turmoil in leading

The European Central Bank slashed interest rates by a quarter point on Thursday, a widely expected move that marks the fifth time in the last year officials have lowered borrowing costs. Why it matters: The euro area is struggling with political dysfunction in Germany and France that is holding back activity,