Eurozone

The European Central Bank cut interest rates, for the first in nearly five years. However, future cuts will depend on whether or not price pressures continue to ease. The quarter-point reduction to 3.75 percent on Thursday, which was not…

European Central Bank will likely cut interest rates at its meeting this Thursday for the first time since almost five years. A survey of the private sector showed that activity had increased at the fastest rate in a full year, while…