FRANKFURT — The European Central Bank cut its key deposit rate by 25 basis points to 2.50 percent, but its boss, Christine Lagarde, said the Bank may pause cuts as growing uncertainty clouds the economic outlook.

European Central Bank policymakers see a growing chance of a pause in their easing cycle at their next meeting before rates come down again, once they have greater clarity about trade and fiscal policy,

The monetary chief told reporters in Frankfurt on Thursday that a huge increase military spending is likely to boost the economy

(Bloomberg) -- The European Central Bank doesn’t have a role in helping governments finance more defense spending and will stick to its mission of price stability, President Christine Lagarde said.

European inflation had slowed to 2.4% in February. Advertisement "The disinflation process is well on track," the ECB said in a statement. "Inflation has continued to develop broadly as staff ...

Although the ECB would not pre-commit to future rate cuts, the fact that Christine Lagarde did not push back on lower rate cut expectations is a sign that the ECB is comfortable with a neutral rate around 2%.

Pledges of support: Five days after Zelenskyy was ejected from the White House following a clash that led to the US suspending military aid and intelligence support to Kyiv, he was promised “enduring” support by all but one of the bloc’s leaders.