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European Central Bank Cuts Interest Rates as Economic Growth Stagnates

Par : Eshe Nelson
The European Central Bank’s reduction, the fifth consecutive cut since last summer, came a day after the U.S. Federal Reserve held interest rates.

© Markus Schreiber/Associated Press

Christine Lagarde, the president of the European Central Bank, last week at the World Economic Forum in Davos, Switzerland.

U.K. Government Backs Heathrow Expansion in Push for Faster Growth

Par : Eshe Nelson
In a major speech, the country’s top finance official pushed for faster economic growth, and supported a long-debated expansion at the London airport.

© Peter Cziborra/Reuters

Rachel Reeves, Britain’s chancellor of the Exchequer, pledged in a speech on Wednesday to “go further and faster to kick-start economic growth.”
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