Reduction by quarter of a point to 2.75% aims to stimulate economy, which stagnated in last quarter of 2024 The European Central Bank has cut interest rates to ease the cost of borrowing across the 20-member eurozone as growth stagnates in the region. The central bank cut rates by a quarter of a point to 2.75%, in line with expectations, after a run of bad news showing the blocs largest nations France and Germany sufferin
