Europe news
fromwww.dw.com
4 months agoECB cuts key interest rate to 2.5% amid 'risk, uncertainty' DW 03/06/2025
The ECB cuts benchmark deposit rate to 2.5% to stimulate economic growth in the eurozone.
The recent US economic data has shown resilience, but dovish comments from Fed officials could enhance the appeal of gold as a safe haven investment.
Cyrus de la Rubia highlights the temporary boost from the Paris Olympics, noting that the euro zone faces underlying weaknesses, particularly in manufacturing and service confidence.