ECB to cut rates again amid bleak eurozone outlook

ECB to cut rates again amid bleak eurozone outlook …C0NTINUE READING HERE >>>

The ECB is set to cut interest rates for a fourth time this year.
Photo: Kirill KUDRYAVTSEV / AFP
Source: AFP

The European Central Bank is expected to cut interest rates again this week amid a darkening outlook, with political turbulence in the eurozone’s two biggest economies adding to the troubled picture.

It would be the ECB’s third straight reduction as it increasingly focuses on spurring lending to boost consumer spending and business investment in the 20 countries that use the…

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