It was the eighth rate cut in the past year as officials try to steer Europe’s economy through “exceptional” uncertainty.

The European Central Bank on Thursday offered no surprises as it cut interest rates for the eighth time in a year — further widening the differential between official U.S. and eurozone policy rates, a gulf that has prompted President Donald Trump to lash out repeatedly at Federal Reserve Chair Jerome Powell.

The European Central Bank today cut its benchmark deposit rate by a quarter point to 2 per cent, as widely expected . New forecasts contained downward revisions t