European Central Bank sees no recession, cuts interest rates again

LONDON, U.K.: The European Central Bank (ECB) lowered interest rates for the third time since June, reducing its benchmark rate to 3.25 percent, as inflation across the 20-country eurozone fell to its lowest in more than three years.

Despite concerns about weakening economic growth, the ECB remains optimistic that the bloc will avoid a recession.

The decision was made during a meeting in Ljubljana, Slove