The European Central Bank cut interest rates by 25 basis points as scheduled
ChainCatcher news, the European Central Bank's first appearance of the new year, has lowered the deposit facility rate by 25 basis points to 2.75%, in line with market expectations, marking the fourth consecutive meeting with a 25 basis points rate cut. The main refinancing rate and the marginal lending rate have been reduced from 3.15% and 3.40% to 2.90% and 3.15%, respectively.
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