The European Central Bank is cutting its benchmark interest rate for an eighth time, aiming to support businesses and consumers with more affordable borrowing as U.S. President Donald Trump’s trade wa

Traders are increasingly confident the European Central Bank will pause its run of interest rate cuts now that the central bank sees itself as well-positioned to deal with global economic uncertainty fuelled by U.

FRANKFURT -- The European Central Bank (ECB) on Thursday made another rate cut of 25 basis points and revised its inflation forecast down in its latest staff projection.