The European Central Bank cut interest rates by 25 basis points as expected

Odaily News The European Central Bank lowered the deposit facility rate by 25 basis points to 2.25%, in line with market expectations, marking the sixth consecutive rate cut. The main refinancing rate and marginal lending rate were lowered from 2.65% and 2.9% to 2.4% and 2.65% respectively. (Jinshi)