Bank Pusat Eropah (ECB) memotong kadar faedah buat kali ketujuh dalam setahun pada hari Khamis untuk menyokong ekonomi Zon Euro yang bergelut, menghadapi tekanan tambahan daripada tarif perdagangan Presiden AS Donald Trump.
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00:00The European Central Bank cut interest rates for the seventh time in a year on Thursday,
00:05looking to prop up a struggling Eurozone economy that is facing further pressure from U.S. President Donald Trump's trade tariffs.
00:13The ECB has taken borrowing costs to their lowest level since late 2022 as the sharp post-pandemic inflation spike has eased,
00:21and the fast-moving changes to trade policies bolster the case for further concern.
00:26So the economic outlook is clouded by exceptional uncertainty.
00:34Euro-area exporters face new barriers to trade, although their scope remains unclear.
00:43Disruptions to international commerce, financial market tensions, and geopolitical uncertainty are weighing on business investment.
00:53Downside risks to economic growth have increased.
00:59The major escalation in global trade tensions and associated uncertainties will likely lower Euro-area growth by dampening exports.
01:10And it may drag down investment and consumption.
01:13Lagarde told a press conference after policymakers' meeting in Frankfurt agreed anonymously to cut the ECB's benchmark rate by 25 basis points to 2.25 percent.
01:26While Trump has paused most tariffs for the time being, many remain in place and volatility in financial markets has already done damage to the economy.
01:36See each other again if you want.
01:39See each other again if you want.