Trump, tariffs and potential European defense surge loom over European Central Bank meeting

The impact of a potential trade war with the United States and massive increases in European defense spending and government borrowing loom over a policy meeting Thursday at the European Central Bank, which is expected to cut interest rates by a quarter percentage point. Analysts are widely expecting a cut in the bank's benchmark deposit rate to 2.50%, a step to lower borrowing costs for consumers and businesses in an economy that's struggling...