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European Central bankABC News
•World
World
85% Informative
European Central Bank cuts key interest rate by a quarter percentage point to 2.75% at a meeting in Frankfurt , Germany .
The cut comes a day after the U.S. Federal Reserve held off on reducing rates.
Europe 's economy stagnated at the end of last year as its former growth engine, Germany , finished a second straight year of shrinking output.
Germany is laboring under multiple headwinds including the loss of cheap energy from Russia and choking bureaucracy.
VR Score
92
Informative language
93
Neutral language
59
Article tone
formal
Language
English
Language complexity
61
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
6
Source diversity
1
Affiliate links
no affiliate links