This week, the European Central Bank (ECB) is expected to cut its interest rate in response to worries about the economy. In a separate development, Donald Trump has pledged to impose a 25% tariff on the EU, which could potentially lead to another decrease in growth.
Source: https://www.euronews.com/business/2025/03/03/will-the-european-central-bank-cut-interest-rates-further-this-week