European Central Bank Cuts Interest Rates as Economic Growth Stagnates NYT Par : Eshe Nelson 30 janvier 2025 à 15:29 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 PressChristine Lagarde, the president of the European Central Bank, last week at the World Economic Forum in Davos, Switzerland.