European Central Bank cuts rates again, says policy is becoming 'meaningfully less restrictive'

The central bank revised its economic projections, expecting headline inflation to average 2.3% in 2025, while the euro area’s GDP saw a slight 0.1% increase in the fourth quarter. The bank also lowered its growth outlook for the region, with projections of 0.9% growth in 2025, citing challenges like lower exports and ongoing weakness in investment.

Full Article