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Associated Press

European Central Bank Cuts Benchmark Rate by a Quarter Percentage Point to Boost Stagnant Economy

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The Associated Press

10:40 JST, January 31, 2025

FRANKFURT, Germany (AP) — The European Central Bank cut its key interest rate on Thursday to boost an economy that’s struggling to grow as consumers burned by inflation warily eye price tags and businesses try to navigate political turmoil in leading economies France and Germany.

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