The European Central Bank cut interest rates by 25 basis points, in line with market expectations
ChainCatcher news, according to Jin10, the European Central Bank has lowered the deposit facility rate by 25 basis points to 2%, in line with market expectations, marking the seventh consecutive meeting of rate cuts.
The main refinancing rate and the marginal lending rate have been reduced from 2.4% and 2.65% to 2.15% and 2.4%, respectively.
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