The pace of central bank rate cuts is slowing as early movers near the end of their easing cycles while sticky inflation keeps others cautious. Politics both domestic and international is another complication for central bankers,

The European Central Bank probably isn't going to cut interest rates again on Thursday. That's because the bank's leaders don't know what kind of headwinds they'll be facing from U.S. trade policy.

The European Central Bank is leaving interest rates unchanged as it waits to see how big a blow U.S. President Donald Trump’s tariffs will inflict on the economy before deciding whether to cut rates a