ECB

The eurozone central bank summarized the results of Friday’s Jan. 30 meeting at which it cut three benchmark interest rates by 0.25 p.p., as the consensus forecast of economists suggested, adding pressure on the Euro, Logos Press reported.

Since the beginning of 2025, the euro has grown against the dollar by 13%, which is the maximum for the last 4 years. In this connection, economists have started talking about the “euro moment” in global finance and a new stage in the search for an alternative to the dollar, Logos Press reports.