The Bank of England is likely to cut interest rates by 25 basis points at its meeting on May 8, lowering the bank rate to 4.25%, Barclays economist Jack Meaning says in a note.

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London (CNN) — The European Central Bank cut its main interest rate by a quarter of a percentage point Thursday, citing growing trade tensions after US President Donald Trump’s tariffs sparked ...

The European Central Bank cut interest rates Thursday for the seventh time to counter worries about economic growth fueled by President Donald Trump's tariff onslaught. The bank said in a ...

FRANKFURT, Germany (AP) — The European Central Bank cut interest rates Thursday for the seventh time to counter worries about economic growth fueled by President Donald Trump’s tariff onslaught.